Astera Labs Inc Launches Tokenized Representation of Common Stock on Robinhood Chain
Astera Labs Inc has partnered with Robinhood to launch its tokenized representation of common stock, ALAB. This new token, ALAB, is available on the Robinhood Chain, a blockchain built specifically for tokenizing real-world assets.
The token tracks the price of the underlying ALAB share and allows holders to have on-chain price exposure to Astera Labs Inc's stock. It is freely transferable and composable across the Robinhood Chain ecosystem.
Astera Labs Inc's market cap is currently CA$97.51, with a total supply of 0.22 ALAB and no maximum supply.