Stocks

Greenwood accounts hold tokenized stocks: shares of real companies, held as tokens in your own account.

What they are#

A tokenized stock is issued by a regulated entity that buys and custodies the underlying share. Holding the token gives you the economic rights of the shareholder (price exposure, dividends, and corporate actions like splits) through a claim on the custodied asset. It is not the certificate itself, and it does not carry voting rights unless the issuer says it does. What you own is a claim, backed one-to-one, redeemable at market value.

Why they behave differently#

A share in a brokerage account can do exactly one thing: sit there until sold. The same share held as a token can be pledged as collateral, held in an account you control, moved on a public chain, and traded outside market hours. Nothing about the company changes. What changes is what the holding is allowed to do.

Issuer neutrality#

We are not an issuer, so we have no preference between them. Our intention is to support multiple tokenized equity issuers and treat them as one portfolio in your account, subject to what each is licensed to offer where you live.

Where this is available#

Tokenized equities are geographically restricted, and the restrictions differ by issuer. Some are available to US persons and some are not. We do not control this and will not imply otherwise. The app will show you what you can hold, and say plainly when something is unavailable in your jurisdiction rather than hiding it.