Tokenized GOOGL Falls Nearly 12% as Alphabet Shares Slide After Hours
Photo: TokenPost
Tokenized GOOGL dropped nearly 12% during a sharp after-hours decline in Alphabet shares, while a Uniswap pool handled about $603,000 over five minutes as Alphabet-linked tokens repriced. The figures capture two different measures of the move. The nearly 12% figure is the token’s price decline; the $603,000 figure is the amount handled by one pool during a five-minute interval. Alphabet shares, which underlie the token reference, also traded sharply lower after the regular session ended. The episode connected weakness in the listed stock with repricing in tokens tied to Alphabet.
Source: TokenPost
