Crypto
Pfizer Partners with Robinhood to Launch Tokenized Stock Asset
Pfizer Inc. has partnered with Robinhood to create a tokenized representation of its common stock, known as Pfizer Inc. • Robinhood Token (PFE). This new asset is issued on the Robinhood Chain, a blockchain designed for tokenized real-world assets.
The PFE token tracks the price of the underlying Pfizer Inc. share and can be freely transferred within the Robinhood Chain ecosystem.
The market cap of Pfizer Inc. • Robinhood Token currently stands at CA$41.66 billion, with a circulating supply of 1.1 PFEMax SupplyNo maximum supplyTotal Supply1.1 PFEDiluted ValuationCA$41.65.
Pfizer Inc. • Robinhood Token has seen significant price appreciation over the last year, with a price change of 0% compared to CA$37.13 today.