Robinhood explores cooperation with Prosys to launch proactively managed ETF stock tokens

According to a statement released by Robinhood Crypto on the X platform, the company is planning to launch a stock token product linked to actively managed ETFs, which will be based on the Robinhood Chain blockchain platform. The partner is T. Rowe Price Digital Assets, one of the world's largest asset managers, manages US$1.9 trillion in assets. If the plan is realized, the token will become the industry's first stock token linked to an ETF. At the same time, Robinhood Crypto said that relevant institutional investors have gradually entered the market, and its underlying technology channel has been ready for deployment.