Robinhood stock (HOOD) has a tokenised version, HOODx, a blockchain based asset that represents Robinhood Markets shares. Each HOODx token is backed 1:1 by real Robinhood shares held in regulated custody. Robinhood Markets is a financial technology company known for its mobile app that offers commission free trading in stocks, options and cryptocurrency. It also provides retirement accounts and other financial products to everyday investors. Robinhood was founded in 2013, went public in 2021 and is based in Menlo Park, California. Holding HOODx gives you indirect exposure to Robinhood shares, but it is not the same as owning the underlying shares and does not come with shareholder rights.