What is Vanguard Morningstar Total Stock Market ETF • Robinhood Token (VTI)?
Robinhood VTI is a tokenized representation of Vanguard Morningstar Total Stock Market ETF (VTI) common stock, issued on Robinhood Chain, Robinhood's own blockchain built to bring tokenized real-world assets on-chain. Each token is designed to track the price of the underlying VTI share, giving holders on-chain price exposure to Vanguard Morningstar Total Stock Market ETF's stock. The token is freely transferable and composable across the Robinhood Chain ecosystem. It's part of Robinhood's broader initiative to expand access to tokenized U.S.
How does Vanguard Morningstar Total Stock Market ETF • Robinhood Token work?
equities via blockchain technology, alongside a wider lineup of tokenized stock tokens launching on the same network.
