[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Jevgenijs Kazanins [@jevgenijs](/creator/twitter/jevgenijs) on x 10.8K followers Created: 2025-07-02 21:25:54 UTC In case you wondered what Robinhood’s $HOOD tokenized stocks really are…From the “Description of Services”: ✔️ When a new US Stock Derivative contract is entered into, Robinhood will simultaneously issue (mint) over a blockchain a new fungible token ✔️ This token represents the ownership rights that the customer has over the US Stock Derivative ✔️ The token is non-transferable and non-assignable ✔️ When the US Stock Derivative is closed out, Robinhood burns the tokenized US Stock Derivative contract from the blockchain ✔️ The derivative contract is based on the value of its underlying asset, which would be a US stock or ETF ✔️ Instead of owning the actual thing (like barrels of oil or shares of a company), you're betting on how its price will move ✔️ Customers have certain contractual rights under the terms of the US Stock Derivative contract, but do not have ownership rights over the stock or ETF itself 👇🏻  XXXXXXX engagements  **Related Topics** [open ai](/topic/open-ai) [token](/topic/token) [blockchain](/topic/blockchain) [stocks](/topic/stocks) [tokenized](/topic/tokenized) [$hood](/topic/$hood) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/jevgenijs/status/1940522344721903691)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Jevgenijs Kazanins @jevgenijs on x 10.8K followers
Created: 2025-07-02 21:25:54 UTC
In case you wondered what Robinhood’s $HOOD tokenized stocks really are…From the “Description of Services”: ✔️ When a new US Stock Derivative contract is entered into, Robinhood will simultaneously issue (mint) over a blockchain a new fungible token ✔️ This token represents the ownership rights that the customer has over the US Stock Derivative ✔️ The token is non-transferable and non-assignable ✔️ When the US Stock Derivative is closed out, Robinhood burns the tokenized US Stock Derivative contract from the blockchain ✔️ The derivative contract is based on the value of its underlying asset, which would be a US stock or ETF ✔️ Instead of owning the actual thing (like barrels of oil or shares of a company), you're betting on how its price will move ✔️ Customers have certain contractual rights under the terms of the US Stock Derivative contract, but do not have ownership rights over the stock or ETF itself 👇🏻
XXXXXXX engagements
Related Topics open ai token blockchain stocks tokenized $hood stocks technology
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