Coherent Corp. 

COHR Price

What is the Coherent Corp. (COHR) tokenized stock?

Coherent Corp. (COHR) is a US-listed photonics and laser manufacturer whose NYSE equity is tokenized on-chain as RCOHR — giving crypto traders exposure to the stock without leaving a centralized exchange. Coherent Corp. produces engineered materials, optoelectronic components, and laser systems for communications, industrial, electronics, and instrumentation markets. DropsTab classifies Coherent Corp. as a TradFi tokenized-equity asset, not a crypto-native token.

When was Coherent Corp. formed (II-VI merger)?

Coherent Corp. was formed on 1 July 2022. II-VI Incorporated — founded in 1971 — acquired the original Coherent, Inc. laser company in a roughly $6.56B deal and adopted the Coherent name. Coherent Corp. is headquartered in Saxonburg, Pennsylvania. The combined company trades on the NYSE under the ticker COHR.

What does Coherent Corp. do?

Coherent Corp. manufactures engineered materials, optoelectronic components, and laser systems across three segments. The Networking segment builds datacenter and telecom transceivers, optics, and semiconductor devices. The Materials segment produces engineered materials and silicon-carbide substrates. The Lasers segment covers semiconductor and display capital equipment, precision manufacturing, aerospace/defense, and life sciences. Coherent Corp. employs 27,000+ people across roughly 130 locations.

Who issues the tokenized COHR (RCOHR) token?

Reality issues RCOHR, the DropsTab-tracked "Coherent Tokenized Stock." Reality is Bitget's RWA tokenization platform, launched on 26 May 2026. Underlying share custody is handled by Alpaca, a regulated US brokerage, with proof-of-assets verification by The Network Firm. A separate tokenized COHR wrapper — Ondo Finance's COHRON — exists on other venues but is a different instrument, not the asset DropsTab tracks.

What backs the RCOHR tokenized stock?

Each RCOHR token is designed to be backed 1:1 by actual COHR shares held at a regulated US brokerage. RCOHR mirrors the equity's price, liquidity, dividends, and stock-split adjustments. The primary risk is backing and custody integrity — RCOHR depends on the issuer's brokerage custody and proof-of-assets attestations rather than on crypto-native collateral. There is no over-collateralization buffer beyond the 1:1 share backing.

How does RCOHR's token supply work?

RCOHR has no fixed supply and no crypto-native emission schedule. Supply expands and contracts with the underlying share backing — RCOHR is minted as COHR shares are deposited and redeemed as shares are withdrawn. Per DropsTab data, Coherent Corp. records a null maximum supply and null total supply, with no on-chain contract listed. This structure means RCOHR carries no vesting cliffs or unlock-driven inflation risk.

Is tokenized COHR the same as the real Coherent stock?

No. RCOHR is a tokenized derivative of COHR, not the NYSE-listed equity itself. RCOHR carries issuer, custody, and cross-jurisdiction regulatory exposure distinct from the underlying stock. The on-chain RCOHR price can diverge from the NYSE quote — basis risk — especially outside US trading hours when the underlying market is closed. Holding RCOHR does not confer direct shareholder registration in Coherent Corp.

How is tokenized COHR traded — spot or with collateral?

Per DropsTab data, tokenized COHR trades spot as RCOHR/USDT on Bitget and COHR/USD on Crypto.com, alongside perpetual futures on Binance, OKX, Gate.io, KuCoin, Bitunix and Bybit. Reality-issued rTokens are additionally usable as margin/collateral within Bitget's Unified Trading Account, per issuer disclosures. All venues offer synthetic exposure to COHR, not the registered NYSE share, and depth is thinner than the underlying stock. Access is geo-restricted and typically unavailable to US persons.