stocks as tokens
A share, as a token. Counted when the rail counts it.
A tokenized stock is a token that tracks a listed share, issued by a third party.
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What is a stock held as a token?
- What it is
- A token on a network whose price is meant to track a listed share. A third-party issuer holds the share, or an instrument on it, and issues the token against that holding. You hold the token. The issuer holds the share.A card backed by stocks
- What it confers
- Exposure to the price of the share, on the issuer's terms. It does not make you a shareholder, and if the issuer fails the token can fail with it.
- Where you may hold it
- That depends on where you are and on the issuer. A token you cannot lawfully hold is one you cannot lock here.
- What Gether counts today
- Stocks are supported as the rail adds them, and no share is printed for one before then. A stock held as a token can back spending power the way any priced position can. This page names no ticker and no issuer.What counts todayStocks as collateral
the index
What is in the index?
The index is the list of assets Gether can price and show in the account. Being in the index is not the same as being counted.
There are 1,500+ assets in our index: stocks, treasuries and funds held as tokens, major crypto assets and dollar stablecoins. Whether one counts toward spending power is a separate fact about the rail, shown in the account before you deposit.
crypto
How is crypto counted?
A crypto asset is a position with a price, and it is counted the same way as a stock held as a token.
Major crypto assets are in the index. When the rail backs one, it is valued, takes its own haircut, and counts for a share of its value.
How cash is held