Robinhood Explores ETF-Linked Stock Token With T. Rowe Price

Robinhood Crypto is exploring a Stock Token linked to an actively managed exchange-traded fund with T. Rowe Price, extending the company’s work on blockchain-based versions of traditional financial assets.

The asset manager oversees $1.9 trillion in assets. The initiative remains exploratory, and no launch date, trading volume or price information was provided. Regulatory approval would be a future consideration.

Robinhood’s existing Stock Tokens, which track individual stocks, are unavailable in the United States and to U.S. persons. The company has also explored expanding tokenized offerings to private companies through Robinhood Ventures, but has not announced a launch date for those plans.

The potential product would be linked to an actively managed ETF, while Robinhood’s existing Stock Tokens track individual stocks. Any rollout would depend on regulatory requirements and market adoption.