Robinhood Eyes Tokenized Active ETFs With $1.9T Asset Manager T. Rowe Price

The proposed collaboration, announced October 9, marks a potential shift for Robinhood’s blockchain division. While existing Stock Tokens offer exposure to static assets like Nvidia or Apple, this new product would allow token holders to track funds where professional managers actively adjust holdings. T. Rowe Price Digital Assets is leading the discussions, though neither company has selected a specific underlying ETF or confirmed a launch timeline.

Any eventual offering faces significant hurdles. Robinhood noted that the project is subject to rigorous legal due diligence, board approval, and regulatory clearance. Furthermore, the company’s current Stock Token structure remains unavailable to U.S. investors, and it is unclear if this new instrument would bypass those geographical restrictions or undergo a different regulatory filing process. Robinhood Chain, which launched in July 2026 using Arbitrum technology, has already processed over $1 billion in cumulative volume, signaling a growing appetite for on-chain equity exposure despite the lack of direct shareholder voting rights.