Robinhood explores stock token tied to T. Rowe Price actively managed ETF
Robinhood Crypto is exploring a partnership with asset manager T. Rowe Price to launch a stock token tied to an actively managed ETF on Robinhood Chain, subject to regulatory approval.
Robinhood Crypto is exploring the creation of a stock token linked to an actively managed ETF in collaboration with asset manager T. Rowe Price, according to reports by Unchained and The Block. The planned product would be issued on Robinhood Chain and marks an effort by the brokerage to expand beyond index-tracking tokens into actively managed investment vehicles. Robinhood posted on Thursday that if the project succeeds, the offering would be the first stock token of its kind.[1][2][3][4]
The proposed token remains subject to regulatory approvals and final terms. T. Rowe Price managed $1.90 trillion in client assets as of the end of August. In its announcement, Robinhood declared that "institutions are here, and our rails are ready," though it did not specify a release date, target regions, or the specific fund that would be tokenized.[1][2]
Robinhood's stock tokens are legally structured as tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They grant holders economic exposure to an underlying security without conferring beneficial or legal ownership rights. The brokerage already lists more than 190 stock tokens tied to equities and ETFs such as Apple, Google, and Invesco QQQ. While Robinhood Chain launched its public mainnet in July to provide tokenized products in more than 120 countries, these tokens are unavailable to U.S. persons and face restrictions in Canada, the United Kingdom, and Switzerland.[2][3][4]
Key facts
- Robinhood Crypto is exploring a partnership with T. Rowe Price to launch a stock token tied to an actively managed ETF on Robinhood Chain.
- The token is subject to regulatory approvals and final terms, with no launch date, regions, or specific fund name disclosed.
- T. Rowe Price reported $1.90 trillion in client assets under management at the end of August.
- Robinhood's stock tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited, giving holders economic exposure without legal or beneficial rights to the underlying asset.
- Robinhood already offers more than 190 stock tokens, which are not available to U.S. persons and are restricted in Canada, the U.K., and Switzerland.
- Robinhood launched the public mainnet for Robinhood Chain in July, supporting tokenized stock products across more than 120 countries.
Sources · 4 sources
- TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Robinhood is exploring a new stock token with T. Rowe Price, which manages $1.9 trillion in assets. The proposed token would be linked to an actively managed ETF and launched on Robinhood Chain, subject to regulatory approvals and final terms. https://t.co/PcNWyiFjbE
Open source - UN
UnchainedArticle ·
Robinhood Explores Stock Token Tied to T. Rowe Price Actively Managed ETF Robinhood Crypto said in a post on Thursday that it is exploring a Stock Token tied to an actively managed ETF , with T. Rowe Price , on Robinhood Chain . The post cited the asset manager’s $1.9 trillion in assets under management and said the token would be “the first Stock Token of its kind” if the work succeeds. “Institutions are here, and our rails are ready,” the post said. The post gave no launch date and no list of regions. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . How Stock Tokens Work Robinhood describes Stock Tokens as tokenized debt securities issued by Robinhood Assets (Jersey) Limited . Holders get economic exposure to the underlying security but no legal or beneficial rights in it. The company’s site lists more than 190 of them, tied to US stocks and ETFs such as NVIDIA, Google, Apple and Invesco QQQ. The tokens are not offered to U.S. persons, and offers are also restricted in Canada, the United Kingdom and Switzerland. Robinhood launched the public mainnet for Robinhood Chain in July, with its tokenized stock products available through Robinhood Wallet in more than 120 countries. An Active Fund, Not an Index An actively managed ETF lets a portfolio manager decide what the fund holds. An index fund such as Invesco QQQ instead follows the Nasdaq-100. Robinhood’s post did not say which T. Rowe Price fund the token would be linked to. T. Rowe Price reported $1.90 trillion in client assets at the end of August, matching the figure in Robinhood’s post. Related Listen: Robinhood’s Tokenized AMC Shares Spark a Fight Over What Stock Tokens Really Are The post Robinhood Explores Stock Token Tied to T. Rowe Price Actively Managed ETF appeared first on Unchained .
Open source - LS
Laura Shin@laurashinPost on X ·
Robinhood's Stock Tokens are tokenized debt securities issued by a Jersey entity and are not offered to U.S. persons. The token Robinhood Crypto is exploring with T. Rowe Price would be linked to an actively managed ETF rather than an index fund. https://t.co/dtPD8B71Do
Open source - CO
CoinGape@CoinGapeMediaPost on X ·
🚀 @RobinhoodApp Crypto & T. Rowe Price Digital Assets Explore a Potential Partnership! 🤝 The firms plan to launch stock tokens tied to actively managed ETFs on Robinhood Chain. 📈 Robinhood already offers over 190 stock tokens linked to stocks and ETFs. 🔗Know More in the comments.
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