The board
Penny stocks, on-chain
Buy the tokenised micro-cap itself. Each TICKERx is one real share, held fully paid in custody and observed on-chain before a single token exists.
Ticker
Status
TOON
TOONx
Kartoon Studios
Not listed
NYSE American
Minted and redeemed one for one by the market maker against observed custody. Settlement happens at the real share price, not at a peg to a dollar.
Backing
Live
—
- Shares in custody
- —
- Tokens outstanding
- —
TOONx wraps Kartoon Studios one for one. Animation studio, listed on NYSE American. The controller cannot mint past the observed count.
How backing works
The desk buys the real share through a broker and holds it fully paid at a custodian. The custodian observes the settled count and posts it on-chain. One token, one share, and the invariant is re-checked on every single mint.
Read the issuance rules →Exchange-listed micro-caps, not OTC pink sheets. Reference data is illustrative. No US persons.