ZVZZT · Nasdaq test symbol · NasdaqGM
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nasdaq feed_
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Nasdaq test stock · not a company · est. never
"TEST symbols, such as ZVZZT and ZWZZT, are reserved for testing." — Nasdaq · "From a trading perspective, these test symbols function the same as any other symbol in the system." — Nasdaq · "I don't think it's entirely relevant that it's not technically an equity instrument." — Vlad Tenev, CNBC · "These 'OpenAI tokens' are not OpenAI equity." — OpenAI
CEO · Earnings · Product
none
The Flip — first token to out-trade its own stock
0.00×
$ZVZZT on-chain 24h volume — ÷ ZVZZT Nasdaq $ volume —. At 1.00× the test stock has been out-traded by a memecoin about the test stock.
The lore
Nasdaq has a stock that is not a company. Ticker ZVZZT. It exists so banks can "test in production." Real quotes. Real halts. Real volume. No CEO, no earnings, no product.Nasdaq Equity Regulatory Alert 2016-5 · nasdaqtrader.com/MicroNews.aspx?id=ERA2016-5
Every stock token on this chain "does not grant investors any legal or beneficial rights in the underlying securities." They are all test symbols. ZVZZT is the only one that never pretended.
docs.robinhood.com/chain/stock-tokens
Links