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Each explainer answers one question with the issuer's own wording where the answer is a fact. No regulator is paraphrased from memory; where the rules differ by jurisdiction, the page says which jurisdiction it is describing.
What a tokenized stock actually is
A tokenized stock is an issuer's claim on a share held in custody — not a share. What that changes, in five concrete points.
What you actually own when you hold a token
The legal chain from your wallet to the shares in custody — and the four places it can break.
Who issues tokenized stocks
Backed, Ondo Global Markets and Dinari — the legal entity, the backing model and the chains, as each issuer describes them.
The tokenized stock fee stack, line by line
Headline fee, conversion fee, spread, quote mark-up, gas, withdrawal — which of them are published, and which are not.
Dividends, withholding tax and the drift you will see
Why a token's price crawls away from the share price — reinvested dividends, withholding rates and the share multiplier, explained with the issuer's own numbers.
Redeeming at the issuer vs selling on a market
Two exits, two prices, two processes. What each issuer publishes about redemption, and what a secondary-market sale costs instead.
Who is allowed to buy tokenized stocks
The published exclusion lists for Backed, Ondo and Dinari — and why "available in 150 countries" is not the same as "available to you".
How to read the tracking gap
One formula, four causes, and the reason a gap beyond 40% is flagged rather than published as a premium.
The risks that are specific to tokenized stocks
Six risks that do not exist when you buy the share itself — issuer, custody, contract, chain, redemption and jurisdiction risk.