Source: https://trybeaver.app/learn/tokenized-stocks

[← All guides](https://trybeaver.app/learn)

# Understanding tokenized stocks

A tokenized product uses a blockchain token to represent a security or exposure to one. The product structure determines your rights.

## Read what the token represents

Some tokens represent securities directly; others provide exposure through a separate issuer. Voting, dividends, ownership claims, and redemption can differ from a conventional share.

## Holding it in a wallet

Beaver uses tokenized securities held in your wallet. Holding a token does not necessarily give you the same rights as holding the underlying share. Access, transfers, and redemption depend on the issuer and product terms.

## Understand the risks

Alongside market risk, consider the issuer, custody arrangements, liquidity, and technology. Review eligibility in your region and the product documents before investing.

Further reading: [Investor.gov on tokenized securities ↗](https://www.investor.gov/introduction-investing/investing-basics/investment-products/tokenized-securities)

## Try Beaver early

Request an invitation for iPhone.

[Get early access](https://trybeaver.app/#early-access)

## Keep reading

[Looking for Bumped? ↗](https://trybeaver.app/learn/bumped) [Investing without a monthly subscription ↗](https://trybeaver.app/learn/invest-spare-change-without-monthly-fee) [Choosing where your round-ups go ↗](https://trybeaver.app/learn/round-ups-into-stocks-you-pick)