HOODx - HOOD
Product Overview
HOODx Robinhood xStock (HOODx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. HOODx tracks the price of Robinhood Markets, Inc. (the underlying).
Robinhood xStock (HOODx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. HOODx tracks the price of Robinhood Markets, Inc. (the underlying).
Key Benefits
Robinhood is a publicly traded financial technology company specializing in online brokerage and investment solutions. The company offers a platform for users to buy and sell stocks, options, ETFs, and cryptocurrencies with zero trading commissions.
Basic Information
| Attribute | Value |
|---|---|
| Token Symbol | HOODx |
| Underlying Asset | Robinhood Markets, Inc. (HOOD) |
| Blockchain | Solana |
| Contract Address | XsvNBAYkrDRNhA7wPHQfX3ZUXZyZLdnCQDfHZ56bzpg |
| ISIN | CH1436219666 |
| Issuer | Backed Assets (JE) Limited |
Product Features
- ✅ Compliance: Fully compliant tokenized stock meeting regulatory requirements
- ✅ Transparency: Real-time tracking of underlying stock price
- ✅ Liquidity: 24/7 trading without traditional stock market time restrictions
- ✅ Low Fees: Lower fee structure compared to traditional stock trading
- ✅ Global Access: Supports global investors (excluding US investors)
Fee Structure
- Management Fee: The tracker charges no management fee at present. A fee of up to 0.25% per year may be introduced in the future
- Issuance/Redemption Fee: Up to 0.50% of your investment's value when entering and exiting the investment
Underlying Asset Details
| Attribute | Value |
|---|---|
| Name | Robinhood Markets, Inc. |
| Trading Symbol | HOOD |
| ISIN | US7707001027 |
| Issuer | The issuer of the Underlying is Robinhood Markets, Inc., 85 Willow Road, Menlo Park, CA 94025, USA. LEI: 213800FS5AO3YWIE6F63. |
Service Providers
| Role | Provider |
|---|---|
| Tokenization Service | Backed Finance AG |
| Broker | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Custodian | Alpaca Securities LLC, InCore Bank AG, Maerki Baumann & Co. AG |
| Security Agent | Security Agent Services AG |
Risk Warning
Important Notice
- This product is not sold to US persons
- Token prices will fluctuate with underlying stock price movements
- Please carefully read relevant legal documents before investing
- Past performance does not represent future returns
Related Links
Last Updated: 2025/7/2