CoreWeave Tokenized Stock (Reality) (RCRWV): What It Is

CoreWeave Tokenized Stock (Reality), ticker RCRWV, is a crypto token labeled as a tokenized version of CoreWeave, Inc. stock. CoreWeave is a cloud infrastructure company associated with GPU computing and AI workloads. The token’s name suggests that it is intended to track or represent exposure related to the company’s shares, but public sources do not specify the legal rights holders receive, how the token is backed, or whether it can be redeemed for shares. Do not assume that owning RCRWV gives you the same rights as owning CoreWeave stock, such as voting or receiving dividends. It is also distinct from CoreWeave’s ordinary publicly traded shares and from other tokens that may use similar names or tickers. Check the token’s official documentation and issuer terms before relying on any description of its relationship to the stock.

RCRWV does not appear to be a network’s native coin, and public sources do not identify a separate protocol function for it. Its stated purpose is tied to tokenized stock exposure rather than paying for blockchain transactions, securing a network, or governing a dApp. As of 2026-11-05, its reported price was about $46.64, with a market capitalization and fully diluted valuation of about $393,000 each. Reported 24-hour trading volume was about $81,800. These figures can change quickly and should be treated as a dated snapshot, not a current quote. The reported seven-day change was about -21.9%. A market price alone does not establish that the token accurately tracks CoreWeave shares, or that holders can exchange it for shares or cash. Those details depend on the product’s issuer, custody arrangements, and terms.

RCRWV is reported as issued on both Arbitrum and Ethereum. It is not listed as the native token of either chain; transactions on those networks generally require their own network fee tokens. The reported circulating and total supply were both about 8,424.52 RCRWV as of 2026-11-05, and no maximum supply was specified. Supply figures may not explain whether tokens can be minted or burned later, so consult the issuer’s documentation for those rules. Before sending or receiving RCRWV, confirm which network and token contract the other party supports. A token on Ethereum and one on Arbitrum are not automatically interchangeable, and using the wrong network or an incorrect contract can result in loss of funds. Use a wallet that supports the relevant network and verify the asset details through a trusted source.

RCRWV carries both crypto-asset risks and risks associated with tokenized stock products. Its price may not closely follow CoreWeave shares, and limited liquidity can make it harder to trade at a desired price. The product may also depend on an issuer or custodian, and holders may face restrictions, operational failures, or uncertainty about redemption and legal rights. The reported price ranged from about $46.43, its listed low on 2026-11-05, to about $93.14, its listed high on 2026-10-06; past movements do not predict future performance. For storage, use a wallet compatible with the chain where your RCRWV is held, protect its recovery phrase offline, and never share private keys. A self-custody wallet does not remove issuer, market, or smart-contract risks. Read the product terms and consider whether you can tolerate losing the amount you put at risk.