Robinhood tokenized stock (xStock)

Robinhood xStock (HOODx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. HOODx tracks the price of Robinhood Markets, Inc. (the underlying).

HOODx is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Robinhood Markets, Inc., whilst maintaining the benefits of blockchain technology.

Key Benefits Robinhood is a publicly traded financial technology company specializing in online brokerage and investment solutions. The company offers a platform for users to buy and sell stocks, options, ETFs, and cryptocurrencies with zero trading commissions.