Tokenized Robinhood Markets stock (HOOD)

Instrument and holder rights

Backed Assets (JE) Limited, Jersey · xStocks

HOODX is a collateralized tracker certificate linked to Robinhood Markets. It is an issuer debt instrument; voting rights attached to the underlying security do not transfer to the token holder.

How dividends and distributions are reflected

When the underlying security pays a distribution, xStocks reinvests the proceeds net of applicable withholding. A multiplier increases the adjusted token balance. On Solana, the raw on-chain amount stays unchanged; interfaces apply the multiplier when displaying the balance.

Issuer documentation

Withdrawals observed at exchanges

Venues with withdrawal data

BingX, Bybit, Gate.io, KuCoin

Venues with open withdrawals

4 · BingX, Bybit, Gate.io, KuCoin

Observations from 04 Nov 2026, 21:07 UTC

Exchange Earn

Instrument and holder rights

Ondo Global Markets (BVI) Limited, British Virgin Islands

HOODON is a collateralized structured note linked to Robinhood Markets: a debt instrument with redemption rights and a security interest in its backing. Holder rights are governed by Swiss law; the token does not confer ownership of the underlying security.

How dividends and distributions are reflected

When the underlying security pays a distribution, Ondo reinvests the proceeds net of applicable withholding and reflects them in the token’s value. On Solana and BNB Chain, wallets that support display scaling show the result through an adjusted balance and unit price; the raw on-chain amount stays unchanged. There is no separate dividend payment to the wallet.

Issuer documentation

Withdrawals observed at exchanges

Venues with withdrawal data

BingX, Gate.io

Venues with open withdrawals

2 · BingX, Gate.io

Observations from 04 Nov 2026, 21:07 UTC

Exchange Earn

Instrument and holder rights

Backpack Securities

HOOD is a Backpack token on Solana, redeemable 1:1 through Backpack Securities for the corresponding Robinhood Markets holding in a brokerage account. Depositing converts the token into the traditional holding; withdrawing tokenizes it again.

How dividends and distributions are reflected

For Backpack-issued tokenized securities, distributions are reinvested into additional tokenized shares. Traditional brokerage holdings receive cash dividends through the brokerage infrastructure.

Issuer documentation

Withdrawals observed at exchanges

Exchange Earn

Instrument and holder rights

BTech Holdings Limited, ADGM, Abu Dhabi · bStocks

HOODB is a bStocks certificate providing economic exposure to Robinhood Markets. It provides rights under the certificate terms, without direct ownership of the underlying security or shareholder voting rights.

How dividends and distributions are reflected

For distributions on the underlying security, the issuer generally reinvests the proceeds net of taxes and fees. A bStocks multiplier increases the displayed balance while the raw on-chain amount stays unchanged; no separate cash dividend is paid.

Issuer documentation

Withdrawals observed at exchanges

Exchange Earn