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59 Greed

Robinhood Crypto explores tokenized actively managed ETF with T. Rowe Price

Robinhood Crypto explores tokenized actively managed ETF with T. Rowe Price Image: Crypto.news
Image via Crypto.news.

Robinhood Crypto announced it is exploring a collaboration with $1.9 trillion AUM asset manager T. Rowe Price to launch a tokenized stock token tied to an actively managed ETF on its Robinhood Chain Ethereum layer-2 network. The proposed product would be the first of its kind, subject to legal due diligence, issuer board approval, final terms and regulatory clearances. Robinhood already offers over 190 stock tokens linked to stocks and passive ETFs on the chain.

Key points

  1. Robinhood Crypto is exploring a tokenized actively managed ETF partnership with $1.9 trillion AUM T. Rowe Price
  2. The proposed stock token would be the first of its kind, pending legal, regulatory and board approvals

Why it matters

The collaboration could expand tokenized real-world asset offerings on public blockchains if approved. It would add actively managed ETF exposure to Robinhood's existing stock token product line, which already supports 24/7 trading and on-chain price feeds.

What's unclear

No specific T. Rowe Price actively managed ETF has been named as the proposed underlying asset
No timeline for regulatory approvals or a potential product launch has been disclosed

Price context · ETH

At publication
$2,502.32
Now
$2,490.96
Change since
−0.45%
7 days · dashed line = publication

Sources · 3 publishers

CoinGape Tier 2 First report
Robinhood Crypto Explores New Product with $1.9T AUM T. Rowe Price
Crypto.news Tier 2
Robinhood explores tokenized ETF with $1.9T T. Rowe Price
Unchained Tier 1
Robinhood Explores Stock Token Tied to T. Rowe Price Actively Managed ETF

Coverage timeline

  1. First reported by CoinGape
  2. Confirmed by Crypto.news
  3. CryptoVideos brief published
  4. 1 more publisher added to sources
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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