Tokenized equities

On any other chain, “a memecoin that pays holders in Apple stock” means a synthetic wrapper, a bridge, or a lie. On Robinhood Chain a tokenized equity is a standard 18-decimal ERC-20: it sits in Uniswap pools, contracts can custody it, and transfers are ordinary transfers. Each one carries a Chainlink feed readable on-chain. Both halves - the asset and its price - are native to the chain, which is what makes every feature on this page an engineering problem rather than a trust construction.

There are 35 tokenized equities with live feeds today - 28 stocks and 7 ETFs. (The first ticker everyone asks for, Netflix, is not among them.)

Everything live today is display-only market data: it reads prices and never touches anyone's money. A deliberate honesty rule runs through it: when either input of a comparison is unknown (a token too young to have a 24h reference, say), the app shows a dash, never a fabricated zero.

• Prices come from Chainlink feeds on Robinhood Chain, quoted in USD. The published value already reflects corporate actions (splits, distributions) - it is the total return value of the token, which is why the app never applies its own adjustments.
• The feeds run 24/5. Across weekends and market holidays they hold the last price - a Sunday NVDA quote is Friday's close, and that is correct, not stale data. This is why the tape carries a market-session badge.
• The session badge (open / pre-market / after-hours / closed) is derived from the New York trading calendar clock, and it is presentation only - nothing that moves money keys off it.

Built · not live - the “Pay me in stock” option in fee routing. A creator elects a ticker; from then on their accrued ETH fee share is periodically converted into that tokenized equity on Uniswap and held for them to claim. Design decisions worth knowing, because they are what make it safe to offer:

• The election is separate from launch and fixed once made. By design, the routing is chosen at launch and the ticker later, in its own transaction against the fee router. Neither is possible today: the launch form shows the equity route as a preview only, and no election transaction exists in the product yet - both open together, after the audit below.
• Conversions are keeper-executed with an oracle guard. The swap only runs when the Uniswap pool price agrees with the Chainlink feed within a bound, so a manipulated pool cannot quietly eat a creator's fees. This is the point of building on the chain where the oracle is native.
• Tickers are liquidity-screened. Only equities whose pools can absorb fee-sized swaps without punishing slippage are electable - not all 35.
• Claims are pull-only. Your equity is credited to you and you withdraw it; nothing is pushed. If the issuer ever pauses a stock token, exactly one thing blocks - that claim, until unpause - never your trading or anyone else's.

Built · not live - the same machinery pointed at holders instead of the creator: a token whose fees route to stakers can elect a ticker, after which its staking pool pays rewards in that equity. Hold and stake a memecoin, accrue AAPL. The same protections apply - pull-only claims, banked accrual across stake changes, and a design where a paused equity can never freeze staking or the pool's ETH rewards. Every token's page shows what it pays in, so a buyer sees the arrangement before buying.

The FEE→STOCK and DIV contracts are written and covered by tests, including the attack drills (drain loops, pause behaviour, sweep isolation). The rail is not live on any chain - the deployment currently running predates the stock paths entirely - for two reasons stated in order of weight:

• A fresh adversarial audit of the fee system is outstanding. These paths move user money into securities; the bar is a full external audit, not a diff review.
• Tokenized equities exist only on mainnet. There is no tokenized AAPL on any testnet, so the first real execution of this code path is a mainnet execution - which argues for staging (small caps, one whitelisted ticker, a kill switch), not haste.

Until then, the launch form shows the equity route as a preview that cannot be selected. That is deliberate honesty, not a tease: a selectable option would either fail at launch against the live deployment or park a creator's fees in the conversion bucket with nothing to convert them - and neither of those is a choice worth offering.