Silicon Motion Technology Corporation ADS • Robinhood Token
SIMO

273.81
$
4.70 %
Change 24h
Market Cap
$ 65.99
Volume 24h
$ 50.00
Circulating Supply
0
Total Supply
0
SIMO
$
# Exchange Pair Price Volume 24h

Description

Robinhood SIMO is a tokenized representation of Silicon Motion Technology Corporation ADS (SIMO) common stock, issued on Robinhood Chain, Robinhood's own blockchain built to bring tokenized real-world assets on-chain. Each token is designed to track the price of the underlying SIMO share, giving holders on-chain price exposure to Silicon Motion Technology Corporation ADS's stock. The token is freely transferable and composable across the Robinhood Chain ecosystem. It's part of Robinhood's broader initiative to expand access to tokenized U.S. equities via blockchain technology, alongside a wider lineup of tokenized stock tokens launching on the same network.
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