Markets· ★★· neutral·

MSX pays dividends on seven tokenized US stock and ETF products

  • —Payouts for NTAP, MRVL, MU, DELL, NLY and SPY have already been executed
  • —Per-token dividends: NTAP $0.52, MU $0.15, DELL $0.63, NLY $0.75
  • —SPY pays $1.888834 and JPM $1.65, with JPM execution on October 31
  • —Eligibility is based on the token balance recorded at each asset's registration snapshot
Why it matters: The payouts show tokenized equities are beginning to replicate the dividend rights of the underlying shares.
Source: TokenPost