Robinhood Launches Tokenized SNOW Shares on Blockchain

Rights to Snowflake Inc.'s common stock are now available in tokenized form on Robinhood Chain, the blockchain developed by trading platform Robinhood.

The tokens are designed to track the price of the underlying SNOW shares and can be transferred freely across the Robinhood Chain ecosystem.

The tokenization is part of a broader initiative by Robinhood to expand access to U.S. equities via blockchain technology, with several other tokenized stock tokens launching on the same network.