Why Build with Stock Tokens?
- Programmable Real-World Assets: Standardized ERC-20 interface that works out of the box with existing wallets, libraries, and tooling.
- On-Chain Price Feeds: Every Stock Token is integrated with live Chainlink price feeds, allowing smart contracts to read equity valuations directly on-chain.
- Composable Primitives: Easily combine stock exposure with on-chain trading, lending, yield strategies, and structured products.
- 24/7 Global Access: Assets live in users’ wallets and remain tradeable and accessible around the clock.
- OpenXSwitch Integration: Easily issue, manage, and execute gasless stock token transfers using OpenXSwitch’s unified APIs and smart wallet infrastructure.
Technical Specification
Use Cases
Building with Stock Tokens uses the same developer patterns as standard digital assets, augmented with real-time on-chain pricing:Corporate Actions & Multipliers
What are Corporate Actions & Multipliers? In traditional finance, corporate actions; such as stock splits, reverse splits, and stock dividends—alter the total share supply or share value of an equity without changing the investor’s underlying economic value. In Robinhood Assets, corporate actions are handled programmatically on-chain via a dynamic multiplier extension (ERC-8056: Scaled UI Amount Extension), ensuring that token holdings accurately reflect splits and adjustments seamlessly without friction.- Static Raw Balances: The underlying token balance in a user’s wallet remains static during splits, while the share-per-token ratio adjusts dynamically via the
uiMultiplier()function. - Automated Oracles: Chainlink price feeds automatically incorporate the multiplier into the reported price.
- Seamless Swaps: On-chain swaps, liquidity pools, and smart contract logic continue operating normally without requiring manual re-balances or token transfers.
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