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Robinhood, T. Rowe Price Explore ETF-Linked Stock Tokens on Robinhood Chain

Robinhood Crypto said it is exploring issuing stock tokens tied to actively managed ETFs on Robinhood Chain with T. Rowe Price Digital Assets, which manages $1.9 trillion in assets. If completed, the project could be the first such stock token. The partnership remains exploratory, requiring legal due diligence, issuer board approval, final terms and regulatory clearance in relevant jurisdictions.

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AI take

The notable signal is the pairing of a retail brokerage with a traditional asset manager of this scale, since it suggests tokenized exposure is being contemplated for actively managed products rather than passive or crypto-native ones. That shifts the conversation from crypto traders toward mainstream fund distribution. The open question is whether the exploratory stage survives legal due diligence and issuer board approval, and which jurisdictions would permit the structure.

Generated by AI for reference only.

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