FAQ
Everything you might want to know before you shield your first share.
What is pStock?
BASICS
pStock is a privacy layer for tokenized stocks and real-world assets on Robinhood Chain. It turns public tokenized shares into privacy stocks: pTesla, pNVIDIA, pApple, pMicrosoft, pAmazon and pGoogle.
Six assets at launch, more to follow.
What is a privacy stock?
BASICS
A one-to-one private twin of a tokenized share. Deposit tokenized TSLA and receive pTSLA. It tracks the same underlying share and can be converted back at any time.
Same exposure, private balance.
What stays private?
PRIVACY
Your balance, your transfers and your swaps. Observers can see that the pStock pool exists, but not who holds what or when it moved.
Converting back to tokenized shares is public again, by design.
How do I convert?
CONVERSION
Connect a wallet that holds tokenized shares on Robinhood Chain, choose an amount and mint the matching privacy stock. Converting back burns the pStock and releases the original share.
One transaction each way.
Which stocks are supported?
ASSETS
Tesla, Nvidia, Apple, Microsoft, Amazon and Google, as pTSLA, pNVDA, pAAPL, pMSFT, pAMZN and pGOOGL.
The full list, with sector and index tags, is on the Stocks page.
Do privacy stocks track the price?
MARKETS
Yes. Every privacy stock is backed one-to-one by the tokenized share it was minted from, so it carries the same price exposure.
pStock does not create new exposure, it hides existing exposure.
Which chain does pStock run on?
NETWORK
Robinhood Chain, Robinhood's layer-2 network for tokenized stocks and real-world assets.
Support for additional networks is planned.
Can I still trade?
TRADING
Yes. Privacy stocks are regular tokens in your wallet. Send them, swap them or hold them, with the details hidden from block explorers.
The Portfolio page shows a sample position set.
What about dividends and corporate actions?
MARKETS
They stay attached to the underlying tokenized share, and your privacy stock is always redeemable for that share.
Nothing is lost by shielding.
Is pStock custodial?
SECURITY
No. Tokenized shares sit in a contract on Robinhood Chain and only the holder of the matching privacy stock can redeem them.
Your keys stay with you.
Who is pStock for?
PEOPLE
Anyone who owns tokenized stocks and would rather not publish their holdings: individuals, funds and treasuries alike.
Privacy is the default, not a premium tier.
Where can I follow progress?
COMMUNITY
On X at @pStockRH. Launch notes, new assets and technical write-ups land there first.
Or use the Contact page.