Tokenized GOOGL on Robinhood drops nearly 12% in after-hours selloff
- —Robinhood Chain GOOGL/USDG pool fell from $325.54 to $286.96, down 11.9%
- —Raydium GOOGLx/USDC pool on Solana slid from $325.14 to $288.20
- —Uniswap pool logged about $603,000 in volume in the first five minutes after 4 p.m. ET
- —Alphabet Class A shares traded near $292.50 in Nasdaq after-hours session
Why it matters: Tokenized stocks trade around the clock and repriced first, but their quotes mirror the underlying equity rather than reveal a separate price discovery venue.
Source: Cryptonews.net