Product
Stock Tokens (the "Product") are tokenised debt securities issued by Robinhood Assets (Jersey) Limited (the "Issuer" or "RHJ"). The Product provides economic exposure to underlying securities but does not grant investors any legal or beneficial rights in, or against the issuer of, those underlying securities. Any decision to invest in the Products should be made solely on the basis of the Base Prospectus (together with any supplements) and the applicable Final Terms, as well as the relevant Key Information Document where required. Nothing on this website constitutes, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. Nothing on this website constitutes investment, legal, tax or financial advice. Prospective investors should make their own assessment as to the suitability of investing in the Products.
The Product carries a high level of risk and is not appropriate for all investors. The price of the Products can go down as well as up, and past performance is not an indication of future results. Investors should be aware that an investment in the Products may result in substantial risks for investors and Investors should be prepared for the possibility of losing some or all of their investment. Investors should carefully review the "Risk Factors" section of the Base Prospectus and the applicable Final Terms before making any investment decision.
The Financial Market Authority Liechtenstein, as competent authority under the EU Prospectus Regulation, has approved the Base Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the EU Prospectus Regulation. Such approval is not to be considered as an endorsement of the Issuer or the quality of the Products. Investors should make their own assessment as to the suitability of investing in the Products.
Product details
- Supported blockchain: Robinhood Chain
- Securities ledger: Transaction records for each Product are maintained on Robinhood Chain. See Robinhood Chain contracts.
- Block confirmations for a legal transfer: 1
Investor fee rate
- 0.00% (zero) for token purchase/subscription
- 0.00% (zero) for token redemption for the first 90 (ninety) days from the date of issuance
- 0.05% for token redemption after the date falling 90 (ninety) days after the date of issuance
The Issuer can change the Investor Fee Rate from time to time, subject to limits as specified in the applicable Final Terms.