Robinhood and T. Rowe Price Explore Stock Token Project
Robinhood Crypto is exploring the launch of stock tokens linked to actively managed ETFs on the Robinhood Chain in collaboration with global asset management giant T. Rowe Price Digital Assets. If successful, this project would become the first of its kind. Robinhood Crypto stated that the collaboration is still in the exploratory phase, and any potential product launch will require legal due diligence, approval from the issuer's board of directors, final terms announcement, and relevant regulatory approvals. There is currently no guarantee that this collaboration will proceed or that related products will ultimately be launched, and their specific form, timing, and applicable regions have yet to be determined.
-- Price
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