Robinhood Stock Tokens are tokenized debt securities that track the price of a stock or ETF without granting legal ownership of the underlying shares, issued by Robinhood Assets (Jersey) Limited and traded 24/7 on Robinhood Chain. Banana Gun is a Telegram trading bot that has run on Robinhood Chain since its first day, placing market buys, limit orders and copy trades on the meme coins quoted against those tokens.
Wrapping a stock as a token is not new. xStocks, issued by Backed Finance and listed on Kraken, did it on Solana in 2025, and Coinbase brought a version to Base in August 2026.
Robinhood’s take runs on its own chain and settles the trade differently.
Robinhood Chain went public on 1 July 2026, an Ethereum layer 2 built on the Arbitrum stack with Uniswap among its day-one partners, per The Block. Meme coins on the chain now trade directly against several of these stock-linked tokens.
A Telegram trading bot such as Banana Gun has traded on Robinhood Chain since that day-one launch, alongside the DEXs Stock Tokens use for spot trading.
What is a Robinhood Stock Token, and what is it not?
A Stock Token is a derivative, not a share. The Block reported on 1 July 2026 that Robinhood Assets (Jersey) Limited issues these tokens to give holders economic exposure to a stock or ETF, without legal or beneficial ownership of the underlying company.
The AMC dispute makes the distinction concrete. CoinDesk reported on 3 September that AMC’s chief executive Adam Aron said the company has no connection to Robinhood’s tokenized AMC and never authorised it, since Robinhood’s version is a derivative rather than a claim on real shares.
Where do Stock Tokens trade on Robinhood Chain?
Stock Tokens trade around the clock on Robinhood Chain, alongside spot trading on DEXs including Uniswap, Rialto, Lighter, 1inch and Arcus, per The Block. Robinhood Wallet lists eligible users in more than 120 countries, which leaves some traders outside the list.
Banana Gun’s copy trade on Robinhood Chain guide covers the wallet-picking steps for mirroring buys on this chain. A stock-quoted meme coin is still a token contract on the chain, which is what the bot trades.
How did meme coins end up quoted in NVDA and TSLA?
Pons V2 lets new tokens launch already quoted against a Stock Token instead of ETH, Foresight News reported using data through 31 August. microduck paired against the NVDA token at a $17.78 million market cap, and Golden Goose quoted against GLD at $11.11 million.
INDEX charges roughly 3% per transaction to buy a basket of 18 Stock Tokens for holders. Only ten Pons projects have passed $5 million in market cap, and six have passed $10 million, so most of this pairing stays small.
KuCoin’s own blog noted on 2 September that meme tokens on Robinhood Chain trade directly against Stock Tokens linked to Nvidia, Tesla, Apple and Hims & Hers. Those pairs put a meme coin’s price on the same chart as a listed company’s stock.
How to trade a stock-quoted pair with a Telegram trading bot
Banana Gun has run on Robinhood Chain since its first day, placing market buys and limit orders on stock-quoted pairs there. Copy trading is live too, mirroring a wallet you pick.
The sell check runs before a buy, so a contract you cannot resell gets blocked at the entry rather than after the fact.
Gas on Robinhood Chain is paid in ETH. Memeburn reported on 6 September that the 90-day gas waiver from 1 July expires around 30 September, after which a Telegram trading bot’s fill still needs ETH in the wallet for gas.
What breaks when the market is closed or the waiver ends
A Stock Token’s pool can trade away from the real share price once Nasdaq and NYSE close, since the pool has no link to an exchange order book. Liquidity thins in that window, and a market buy slips further than it would in market hours.
The same applies once the gas waiver ends around 30 September: a trade that cost nothing in July starts costing ETH gas on every fill, which changes the math on small, frequent buys.
Common questions
What is the difference between a Stock Token and a share of the actual company?
A Stock Token is a derivative that tracks a company’s share price without conferring ownership, voting rights or a claim on the company’s assets. Robinhood Assets (Jersey) Limited issues the token and settles it on Robinhood Chain, separate from the real share.
Can Banana Gun buy Robinhood Stock Tokens directly?
Banana Gun trades the meme coins quoted against Stock Tokens on Robinhood Chain, placing market buys, limit orders and copy trades on those pairs. Whether a Stock Token itself gets routed depends on the pool and on the trader’s eligibility.
Who cannot use Robinhood Stock Tokens?
Robinhood Wallet lists Stock Token access as open to eligible users in more than 120 countries, per The Block’s 1 July 2026 reporting, which leaves other jurisdictions off the list. Anyone outside that eligible set cannot open the tokens through Robinhood Wallet.
What happens to a stock-quoted pair when the gas waiver on Robinhood Chain ends?
The 90-day gas waiver that started on 1 July runs out around 30 September, per Memeburn’s 6 September report, and Robinhood Chain trades then need ETH for gas again. A stock-quoted pair keeps the same rules, but each buy, limit order and copy trade on it now costs more.
Charles Benkovich is the Crypto Editor at Hold Hub. He covers Bitcoin, Ethereum, XRP, and macro-driven market analysis with a focus on on-chain data over price speculation. His editorial standard: claims are sourced or labeled as analysis, and the site takes no payment to cover any project.
