Robinhood stock tokens

A Robinhood stock token is a crypto asset designed to follow the price of a share or exchange-traded fund. Legally, it is a debt security issued by Robinhood Assets (Jersey) Limited, usually shortened to RHJ. The holder receives economic exposure through that instrument; shareholder rights belong to holders of the underlying security.

The issuer’s asset register contained 194 active assets on 5 October 2026, all on chain 4663. Their ISINs identify securities from seven jurisdictions: US, Bermuda, Cayman Islands, Israel, Canada, Australia and the Netherlands. The register is the place to check the current contract address and trading status.

Dividends and splits change a multiplier

On 5 October 2026, 46 of 194 tokens had a multiplier different from one. Robinhood’s corporate-action mechanism adjusts the shares represented by each token while keeping the raw ERC-20 balance fixed until redemption.

CrowdStrike’s CRWD multiplier is exactly 4, reflecting the four-for-one split completed on 1 July 2026. The current multiplier describes the accumulated adjustment; RHJ’s corporate-action notices supply the event history for each token.

Trading and issuance have different hours

Robinhood’s stock token documentation puts the mint-and-burn window at Monday 02:00 to Saturday 02:00 CET/CEST, following local daylight-saving time. On-chain holders can trade existing tokens around the clock, subject to venue access and available liquidity.

The register marks all 194 assets as tradable overnight at the time of this read. Each asset also carries its own market, extended-hours and overnight status, which applications should check before executing a trade.

A price feed and a pool quote serve different jobs

Each token has a Chainlink feed for the underlying asset, with the corporate-action multiplier incorporated into its price. A decentralised pool sets the price at which its own available liquidity can be exchanged. Pool prices can move away from the reference price, especially when issuance is closed or liquidity is thin.

Access depends on the issuer’s jurisdiction rules

RHJ’s product and jurisdiction information governs distribution. Its documentation restricts offers and sales in the United States and to US persons, and also lists the United Kingdom, Canada and Switzerland among restricted jurisdictions.

The SEC’s 17 September 2026 exemption concerns qualifying US venues and requires tokens with equivalent shareholder rights, issuer notice and other conditions. RHJ’s stock tokens remain governed by their own product terms and distribution rules.