> ## Documentation Index
> Fetch the complete documentation index at: https://tokenterminal.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Tokenized assets

> Every tokenized stock, fund and commodity: supply, holders and price against the underlying, across every chain.

A tokenized asset is a token that stands for something else: a share, a fund, a bar of gold. The thing it stands for is its underlying, and the catalog records both sides. The vertical holds no tables of its own. Every page below queries the shared asset tables documented in [Assets](/docs/catalog/assets/index), with one filter applied:

```sql fragment theme={null}
where asset_type in (
    'tokenized-stocks', 'tokenized-funds',
    'tokenized-commodities', 'tokenized-cryptoasset'
)
```

## Pages

<CardGroup cols={2}>
  <Card title="Registry" icon="table-list" href="/docs/catalog/tokenized-assets/registry">
    Asset identity, the underlying it stands for, and the chains it is issued on.
  </Card>

  <Card title="Metrics" icon="chart-line" href="/docs/catalog/tokenized-assets/metrics">
    Daily supply, holders, transfer activity and price.
  </Card>
</CardGroup>

## The multi-issuer model

Many issuers can tokenize the same thing. Each issuer's token gets its own row in `dimensions.assets`, and all of them point at a single row in `dimensions.reference_assets` through `reference_asset_id`. Many issuers tokenize NVIDIA stock, and every issuer's token is its own row, all pointing at the `nvda` reference.

The reference is how you compare tokens that stand for the same thing. To ask how much NVIDIA exposure exists onchain, group the asset tables by `reference_asset_id` rather than by symbol: the issuers all pick different symbols, but they share one reference.
