Robinhood Explores Launching Stock Tokens Linked to Actively Managed ETFs
Robinhood Crypto is exploring the launch of stock tokens linked to actively managed ETFs on the Robinhood Chain, in collaboration with T. Rowe Price Digital Assets, which manages assets totaling $1.9 trillion. Robinhood Crypto emphasizes that this partnership aims to explore the introduction of tokenized forms of actively managed exchange-traded funds to the Robinhood Chain, which is currently still in the exploratory phase. Any potential product launch will require legal due diligence, approval from the issuer's board of directors, publication of final terms, and obtaining relevant regulatory approvals. It is currently uncertain whether this collaboration will proceed, and the specific form, timing, and applicable regions of the related products have not yet been determined.
-- Price
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