Tokenized European Equity
Token and Quote Price
DraftHow a token's quote is derived from the underlying, and how the price is fixed at settlement.
How the quote is derived
The token quote tracks the price of the underlying equity; the precise relationship, including currency treatment, is specified in the product terms.
Pricing at settlement
- The token is priced at settlement, within trading hours.
Reference data and oracles
Price sources, reference data, and any onchain oracle are specified per product.
Fee, not spread
- One transparent fee at purchase — no hidden spread. See Fees and Taxes.