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Astera Labs Inc Launches Tokenized Representation of Common Stock on Robinhood Chain

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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.

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