Tokenized stock New Gold Inc (NGD) is a tokenized stock on Robinhood Chain. New Gold Inc (NGD) is a tokenized stock on Robinhood Chain. It provides on-chain exposure to the equity of the mining company New Gold Inc rather than operating as an independent cryptocurrency project. The token forms part of Robinhood's broader tokenized equities program on its permissionless Layer 2. How it works The token tracks the price of underlying New Gold Inc shares via oracles. Each token mirrors the economic performance of New Gold Inc shares through Chainlink pricing. Holders receive price exposure as ERC-20 debt instruments without voting rights or direct ownership of the underlying equity. The structure supports 24/7 trading and integration with DeFi protocols on the chain. Issuer and availability Robinhood issues the token through its Jersey-based tokenized equities program. Robinhood Assets (Jersey) Limited operates the tokenization program and issues the token on Robinhood Chain. The program launched with mainnet in July 2026 and makes tokens available to eligible users in more than 120 countries outside the United States.

AI-written summary, not the project's own copy