Tokenized GOOGL Falls Nearly 12% as Alphabet Shares Slide After Hours
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Alphabet-linked tokens fell nearly 12%, with a Uniswap pool processing about $603,000 in five minutes amid an after-hours decline in the underlying shares.
Tokenized GOOGL fell nearly 12% as Alphabet shares dropped sharply in after-hours trading, according to The Defiant.
A Uniswap pool recorded roughly $603,000 in trading volume over five minutes as the Alphabet-linked tokens adjusted in price.
The token decline coincided with selling in the underlying stock after the regular market session ended. The report did not specify what triggered the selloff.
Source: The Defiant
