Tokenized stocks (Stock Tokens)
Stock Tokens are available to eligible users in more than 120 countries via Robinhood Wallet; no volume figures are disclosed.
The numbers
What it is
Tokenized versions of US stocks and ETPs. The FY2025 10-K describes EU Stock Tokens as derivative contracts that track US stocks and ETPs. The newer onchain Stock Tokens run on Robinhood Chain (below) and became available with its mainnet launch.
Why it matters to the stock. Tokenized stocks would let Robinhood offer US equity exposure to non-US customers and move trading onchain, which could change how customers hold and move assets.
News
Robinhood shares jump about 9.6% on SEC tokenized-stock exemption
Robinhood shares rose roughly 9.6% on September 18, the day after the SEC's tokenized-stock exemption, opening near $113 and closing near $120 according to CryptoBriefing.
SEC grants five-year conditional Innovation Exemption for trading tokenized US stocks
The SEC issued a conditional, five-year exemptive order letting Tokenized Securities Venues trade tokenized National Market System stocks on public blockchains through permissioned automated market makers and liquidity pools, without full national exchange registration.
Robinhood opens public Robinhood Chain mainnet and expands Stock Tokens and Earn
At a London event on July 1, Robinhood opened Robinhood Chain, its Arbitrum-based Ethereum layer-2, to the public.
Robinhood opens public testnet for Robinhood Chain, its Ethereum layer 2
Robinhood launched a public testnet for Robinhood Chain on February 10, 2026.