SanDisk Tokenized Stock (Reality) is a token. It has no blockchain of its own and no consensus of its own — it rents both from the chain it is issued on, which is why it is listed separately from the cryptocurrencies.
| CoinSpectrum Grade | E · 23/100 · provisional, F to B |
|---|---|
| Type | Tokenised security |
| Class | Stock |
| Backing | Security |
| Custody | Custodial — an issuer holds the backing |
| Market capitalisation | $11M |
| Price | $841.38 |
| Circulating supply | 12,610 RSNDK |
| Issued on | 1 chain |
Market data rebuilt every six hours; this build 10 November 2026. Live prices on the ranking.
E — 23 out of 100, provisional (from 5 of 10 criteria, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 12 to 62 (F to B).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms | 1.8 | group average, 1 of 2 measured |
| Host chain | — | Issued on arbitrum, not a graded chain (a layer 2 or a platform without its own grade) |
| Asset class (below every coin family) | 1.8 | Metal-backed tokens and securities: below every native coin family on the consensus ladders, 2.7 of 10 by largest asset and 0.9 by combined market cap |
| Network security | 0 | No network of its own: secured by its host chain, scored above |
| Decentralisation | 0 | group average, 1 of 4 measured |
| Minting and supply (who can mint more) | — | Not yet researched |
| Premine (pre-issued at launch) | 0 | Assumed minted in full at deployment, as nearly every token is; launch not yet researched |
| Fundraising | — | Not yet researched |
| Holder concentration | — | Not yet measured |
| Supply & Demand | 5 | group average |
| Supply (21 million scores 10) | 3.6 | no fixed maximum; 12,610 in circulation |
| Demand (7 measures) | 6.3 | average of 2 measures |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | – | $3,521,046,304 traded in 24 hours; left out of the volume score and rank |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | 41050% of its market cap a day, median of the last 16 days; left out: above 100% a day, the volume and the market cap cannot both be right |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 2.6 | $11M, 2.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Wallet support (wallets that hold it, 10 or more: 10) | – | not yet counted: no wallet in the directory lists it |
| Conduct (origin, claims, halts) | — | Not yet reviewed |
Ten criteria, weighted equally — for a token, the host chain replaces the developer share, the asset class stands in for the consensus ladders, and who can mint more for the Cryptocurrency Standards. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
It is issued on one chain. Linked names are chains that are themselves cryptocurrencies with a page here.
CoinSpectrum counts an asset once. It has neither its own blockchain nor its own consensus mechanism, and its value is a claim on securities a custodian holds, an asset outside crypto altogether. It is a token issued on a chain, and the chain is what is counted. The methodology states the rule, and the argument for it is set out in full.
Listed, not hidden. The point is that it is measured as what it is.