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Moderna (MRNA): tokenized versions compared

As of 2026-10-12 08:10 UTC, 2 tokenized versions of MRNA are tracked; none has an all-in $1,000 quote right now. The table shows each version's latest prices.

VersionIssuerChainPrice ($1,000 order)Premium vs stockNet edge $1k / $10kLiquidityVoting
MRNA-RHRobinhoodRobinhood Chain$228.21—— / ——No voting rights: economic exposure only, no legal or beneficial rights in the underlying
MRNAx-XLxStocksX Layer——— / —DNo voting rights: economic exposure only, a contractual claim on the issuer

Price is the executable quote for a $1,000 order (mid price if there is no quote); premium is accrual-adjusted; net edge = advantage vs the stock after the 0.5% platform fee and price impact at that size — negative means pricier than the stock.

Holder rights by issuer

IssuerDividendsVotingMint / redeem
Robinhood · Robinhood Assets (Jersey) LtdReinvested through the multiplier (tax details per the official terms).No voting rights: economic exposure only, no legal or beneficial rights in the underlyingMinting by the authorised participant (Bitstamp Global) only; the official FAQ says holders can redeem with the issuer after KYC. 0% subscription; redemption 0% for 90 days, then 0.05%.
xStocks · Backed Assets (JE) Ltd (Jersey, owned by Kraken's parent)Reinvested through a multiplier, net of withholding tax; the token price keeps tracking the share.No voting rights: economic exposure only, a contractual claim on the issuerPrimary market only, after KYC with the issuer and from whitelisted wallets; secondary buyers who fail KYC may be unable to redeem. Others trade on DEX markets.

Issuers' official terms prevail; issuers compared →

When the US market is closed the reference becomes the last close, and spreads then are not free money. Why closed-hours spreads are not free money →

Data as of 2026-10-12 08:10 UTC. Token prices are on-chain DEX quotes collected by Chaconne; US stock reference prices come from Finnhub. How we calculate → · All comparisons →

MRNA tokenized stock: MRNA-RH vs MRNAx-XL, premiums compared | Chaconne