Crypto
Trump Media & Technology Group Corp. Issues Tokenized Stock on Robinhood Chain
The Trump Media & Technology Group Corp. has partnered with Robinhood to issue a tokenized representation of its common stock on the Robinhood Chain, a blockchain built by Robinhood for tokenizing real-world assets.
The token, known as DJT, is designed to track the price of the underlying DJT share and can be freely transferred across the Robinhood Chain ecosystem. This move is part of Robinhood's initiative to expand access to tokenized U.S. equities via blockchain technology.
The current market capitalization of DJT is £214.902K, with a 24-hour trading volume of £1.27M. The circulating supply of DJT is 32 thousand, and there is no maximum supply listed.