Three issuer-defined tokenized equity systems
This table reports what each project currently states on its own public product or developer surfaces. It does not determine legal equivalence, custody quality, eligibility, liquidity, price integrity, or suitability.
| FIELD | ROBINHOOD STOCK TOKENS | xSTOCKS | ONDO GLOBAL MARKETS |
|---|---|---|---|
| Issuer-stated structure | Tokenized debt securities providing economic exposure | Tokenized representations stated as backed 1:1 by underlying securities | ERC-20 tokenized stocks and ETFs with underlying assets held through stated custody and brokerage arrangements |
| Networks stated by source | Robinhood Chain / Chain ID 4663 for this registry | Multiple supported public chains listed by xStocks | Ethereum and additional supported networks documented by Ondo |
| Identity surface | Official contracts page plus onchain registry | Official product and contract directory | Official API and smart-contract documentation |
| CHAIN4663 coverage | Canonical Chain 4663 identity, state, events, feeds, and evidence | Not classified as Robinhood canonical assets | Not classified as Robinhood canonical assets |
| Restriction boundary | Official disclosure and applicable legal documents control | Official xStocks legal documentation controls | Official Ondo disclaimers and offering documents control |
Why tickers cannot be merged across systems
AAPL, AAPLx, or another familiar label may refer to different issuers, instruments, networks, rights, and contracts. A data system must preserve issuer, chain ID, and exact address rather than normalizing those identities into one asset.