ENvue Medical, Inc. (Robinhood Classic Stock Token)FEED
FEED, issued by Robinhood Europe, UAB, is a tokenized stock that gives one-to-one price exposure to the U.S.-listed shares of ENvue Medical, Inc. through a blockchain-recorded derivative contract. The token tracks the live market price of ENvue Medical, Inc. (FEED), and if the underlying issues a dividend or distribution and eligibility requirements are met, the cash-equivalent amount is passed through automatically in euros and shown as a cash distribution. Stock splits adjust token quantity proportionally. The holder bears a 0.1% foreign exchange fee on each order, with no commissions and no other fees charged by Robinhood, and that FX fee does not apply to dividend payments. The issuer is Robinhood Europe, UAB, a Lithuanian firm authorized and regulated by the Bank of Lithuania, and each token is an over-the-counter MiFID II derivative contract between the tokenholder and Robinhood Europe rather than ownership of the underlying security, so no shareholder or voting rights attach. Robinhood Europe holds matching shares at a U.S.-licensed institution as a hedge, leaving the tokenholder with a contractual claim exposed to the issuer's insolvency risk. Access requires tax identification, KYC and AML checks, and a passed appropriateness assessment, and holders exit only by selling in-app, with proceeds withdrawable at T+1. Tokens are recorded onchain and issued natively on Arbitrum, an Ethereum Layer 2. One token is minted per underlying share when the contract is entered, trading runs Monday to Saturday in-app, and pricing is shown in U.S. dollar with automatic euro settlement.