Security Tokens: 52
Upcoming: 1
Main sale: 6
Funded: 6
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Robinhood Equity Token RHET

RHET is a security token that derives its value from secondary acquisition of securities of Robinhood Inc.

Description

RHET is a security token that derives its value from secondary acquisition of securities of Robinhood Inc. It gains value from the price appreciation of Robinhood Inc shares.

The RHET Token is essentially:

A fractional ownership stake in a special purpose fund with ownership in Robinhood Inc
A blockchain based security token, issued within a regulatory compliant framework.
The shares are held by an SPV, managed by a Syndicate Manager
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General information

Main sale Ended
Until January 12, 2019
Issuance platform:
The platform implements the technical and legal part of the release of the STO.

Legal

Company name:
Robinhood Inc.
Founded date:
August 2018

Asset

Asset class:
A group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The five main asset classes are equities (stocks), fixed income (bonds), cash equivalents (money market instruments), real estate, funds.

Token details

Symbol:
RHET

Financial information

Minimum goal:
Soft cap is the minimum amount of money an STO set to receive from investors. If the soft cap is not met, the money is returned to investors.
$300K
Fundraising goal:
Hard cap is the maximum amount of money an STO set to receive from investors. If the hard cap is reached the offering stops.
$1M

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