GGlossary · 2 min read

What is a stock token?

A stock token is an on-chain token that tracks a listed equity's price and trades from a wallet. How issuance, market hours and pricing actually work.

293 words · about 2 minutes·Article updated 20 August 2026
Definition

A stock token is an on-chain token that tracks the price of a listed equity and moves between wallets like any other token on Robinhood Chain. What backs it, who issues it and how it prices are set by the issuer's structure, not by the chain.

The difference from an ordinary token shows up on a Saturday. A memecoin's liquidity pool quotes continuously, because a pool has no closing bell. A stock token references an instrument whose market is shut, so the gap between sessions is handled by design choices the issuer makes and states — read those terms and the pool's trade history rather than assuming pricing runs through the weekend.

Everything the chain can tell you still applies: the contract address, the pool behind the quote, supply and who holds it. Everything it cannot — custody arrangements, redemption terms, which entity stands behind the token — comes from the issuer's documentation.

Where you'll see it on Locksley

Stock tokens lists every tracked stock token on Robinhood Chain with its live pool data, and each token page renders the same panels used for any other token.

How stock tokens actually work covers issuance and backing in depth, trading hours: stock tokens vs everything else covers the session mechanics, and memecoins vs stock tokens compares how the two categories have behaved.

Frequently asked questions

Is a stock token the same as owning the stock?

No. Holding a stock token means holding a token balance in your wallet. Whether it carries any claim on an underlying share, and against which entity, depends entirely on the issuer's structure and terms. Rights people associate with shares — voting, dividends, a broker's account protections — are not properties of a token contract, so check the issuer's documentation.

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Who wrote thisWritten and maintained by the Locksley editorial team. Locksley is built by TrustSwap, which also owns Team Finance — the tool linked above.