Questions

The honest answers.

What a tokenized stock actually is, who is holding your parcel while it is in transit, and what happens when something goes wrong. Written for someone who has never touched a wallet.

Before anything else

Robinhood Stock Tokens may not be offered, sold or delivered in the United States, or to or for the account or benefit of U.S. persons, and are also restricted in Canada, the United Kingdom and Switzerland. If that describes you or the person you were going to send to, this is not available to you.

The basics

It is a token, issued by a third party, that is designed to track the price of a listed company’s share. It is a tokenized representation of that stock — not the stock itself.

That distinction is the whole answer, so it is worth being blunt about what it costs you. Holding one of these tokens does not give you direct legal ownership of the underlying corporate share. You get no voting rights. You get no dividend entitlement. You have no direct claim on the company.

What you hold is a token whose value is meant to follow the share price, plus whatever the issuer’s own terms give you. If you want registered shares with a vote and a dividend, that is what a brokerage account is for — this is a different thing.

Up to ten different stock tokens from the supported catalogue, in whatever amounts you already hold. You cannot type in a contract address; the catalogue is the only way a token gets into a parcel.

Quantities are fixed when you seal it. The contract holds token amounts, not dollar values, so what you packed is exactly what gets delivered — however the price has moved in between. That cuts both ways, and it is worth saying to whoever is opening it.

Not before you send. The parcel waits for them for as long as the delivery window you chose.

To actually claim it they need a wallet on the same network and a small amount of the network’s native token to pay gas on the claim transaction. There is no StockParcel account to create, for them or for you — we do not have accounts.

You choose the delivery window when you seal it, from one hour up to a year. Shorter windows get your assets back sooner if the link goes nowhere; longer ones give the recipient room to work out a wallet without feeling rushed. A few days to a couple of weeks suits most gifts.

Safety and custody

A non-custodial escrow contract holds them. Not StockParcel, and not a company account somewhere.

When you seal a parcel the tokens move out of your wallet and into that contract, where they sit until one of exactly two things happens: somebody with the claim link claims them, or the delivery window expires and you take them back. The contract has no administrator, no pause switch and no function that would let us redirect a sealed parcel. We could not hand your parcel to someone else if we wanted to.

It comes back. Once the delivery window has passed, one transaction from the wallet that packed the parcel returns the full contents to that wallet. Nothing is skimmed on the way and nothing is left behind.

No, and that is a decision rather than an omission. If a sender could pull a parcel back whenever they liked, then “you have a parcel” would really mean “you have a parcel until I change my mind”, and the link would be worth nothing up to the second it was spent.

Recovery is gated on expiry alone. Choose the delivery window with that in mind.

Cost, privacy and availability

StockParcel does not charge a fee to send a parcel and does not take a cut of the contents. There is no subscription and no spread.

What you do pay is network gas on the transactions you send — authorising the tokens and sealing the parcel — and the recipient pays gas on the one transaction that claims it. Gas goes to the network, not to us, and what it costs depends on the network at that moment rather than on anything we set.

Not everywhere, and this is not a preference we can make exceptions to. Robinhood Stock Tokens may not be offered, sold or delivered in the United States, or to or for the account or benefit of U.S. persons. They are also restricted in Canada, the United Kingdom and Switzerland.

That restriction follows the person, not the connection: being a U.S. person makes these tokens unavailable to you wherever you happen to be sitting. If it applies to you, or to whoever you were about to send a parcel to, do not send or claim one.

Rules differ by country and they change. Checking what applies where you are is on you, and worth doing before you pack anything.

The chain is public, so the sending address, the token amounts and the timing of every parcel are visible to anyone who looks — that is true of any on-chain transfer, and it is true here.

The private part is the part you write. The recipient’s name, your name and your message travel inside the link fragment alongside the claim key, which means they never reach our servers at all. There is nothing on our side to leak or hand over, because there is nothing on our side.

No. Nothing here is investment, tax or legal advice, and nothing on this site is a recommendation to buy or hold anything. Tokenized stocks can lose value, and the value of a parcel moves with the market between the moment you seal it and the moment it is opened. If it matters to you, talk to somebody qualified in the place you live.

Still deciding?

You can walk through packing a parcel and see exactly what it will cost and how it will look before anything leaves your wallet.

Tracking an existing parcel? Enter its code here.

StockParcel sends tokenized stock tokens on Robinhood Chain. These tokens track the price of a share; they are not shares themselves and carry no voting rights, no dividend entitlement and no direct claim on the company. Parcels are held by an escrow contract that only the sender funds and only the recipient’s link can open — StockParcel never takes custody and cannot move your assets. Availability of tokenized stocks is restricted in some jurisdictions, including the United States. Nothing here is investment advice.