Tokenized AMAT Lags Nasdaq Counterpart in Market Size and Risk Profile
The tokenized version of Applied Materials (AMAT), called AMATB, is a small crypto-market instrument designed to track the listed equity. Its market capitalization was roughly $1.8 million in the latest available CoinMarketCap snapshot.
In contrast, Applied Materials reported 793 million shares outstanding in its 2025 annual report. This size gap between AMATB and Applied Materials' equity base is significant.
The tokenized format offers advantages such as fractional access, around-the-clock trading, and self-custody on BNB Smart Chain. However, it also comes with a different dividend experience and additional operational risks.
A key distinction between the two instruments is that AMATB holders have economic exposure delivered through BTech's certificate arrangement, while direct shareholders own common stock in Applied Materials.