Robinhood plans to explore launching actively managed, ETF-linked stock tokens on Robinhood Chain.

On October 9 that Robinhood Crypto announced on X that it is exploring the issuance of equity tokens tied to actively managed ETFs on the Robinhood Chain in partnership with global asset management giant T. Rowe Price Digital Assets, which oversees $1.9 trillion in assets under management.

Robinhood Crypto noted that if successful, the project would likely become the first of its kind for such equity tokens, while emphasizing that the collaboration remains in the exploratory stage. The launch of any potential products would require completing legal due diligence, obtaining approval from the issuer's board of directors, publishing final terms, and securing regulatory approvals from relevant jurisdictions. There is currently no guarantee that the partnership will proceed or that these products will ultimately be launched, and their specific format, timing, and applicable regions remain undetermined.