V1 Open Beta
Stock Token Disclosures
Last updated: 9 November 2026
Stock tokens are prohibited for anyone in the United States, any US person, and anyone in the United Kingdom, Canada or any sanctioned or otherwise restricted jurisdiction. You are solely responsible for reviewing and complying with all applicable eligibility requirements, and you may only use stock-token features if permitted under the laws of your jurisdiction. Nothing on this website is an offer, solicitation or recommendation to buy or sell any security or financial instrument.
Please read this information before viewing data for, or acquiring, any tokenised stock, ETF, commodity or pre-IPO token (together, “stock tokens”), or any other derived or synthetic version of a listed or private company, shown on this website or in the TradeStrike app.
1. Who stock tokens are prohibited for
Acquiring, holding or trading stock tokens, directly or indirectly, is prohibited for:
- anyone in the United States or any of its states, territories, possessions or federal districts;
- any “US person” as defined in Regulation S under the US Securities Act of 1933, or anyone acting for the account or benefit of a US person;
- anyone in the United Kingdom;
- anyone in Canada;
- anyone in a country or region subject to comprehensive sanctions, including Cuba, Iran, North Korea, Syria, Russia, Belarus, Crimea, the city of Sevastopol, the so-called Donetsk and Luhansk People’s Republics and the Kherson and Zaporizhzhia regions of Ukraine;
- any person on a sanctions list maintained by the United Nations, the United States, the United Kingdom or the European Union; and
- anyone in any other jurisdiction where offering, acquiring or holding them is prohibited or restricted, or would require a licence, registration or approval that the issuer does not hold.
Further prohibitions, and professional- or qualified-investor-only conditions, apply in other jurisdictions and vary by issuer. They currently include, depending on the issuer, the European Economic Area or individual member states, Switzerland, Australia, the United Arab Emirates, Singapore, Hong Kong, mainland China, Brazil and Malaysia. Each issuer publishes and updates its own list, and its list applies to its tokens. The links in section 7 lead to each issuer’s documents.
Stock tokens have not been registered under the US Securities Act of 1933 or under the securities or financial-instrument laws of any other jurisdiction, except where an issuer’s own documents state otherwise.
2. Your responsibility
You are solely responsible for reviewing and complying with all applicable eligibility requirements to view, acquire, hold, transfer and sell a stock token, under the laws of the place where you are located and reside, of which you are a citizen, and under the issuer’s terms. You may only use stock-token features if permitted under the laws of your jurisdiction.
Do not use a VPN, proxy, false location or any other means to get around these restrictions. Do not acquire stock tokens for, or transfer them to, a person who is not eligible. If you become ineligible, for example by moving, you must stop acquiring stock tokens. A person who acquires a stock token in breach of these restrictions may face legal consequences, including being required to return it, being unable to resell it, or holding a contract that is void or unenforceable.
You are responsible for any tax that arises from acquiring, holding or disposing of stock tokens.
3. Informational use only
All market data, prices, charts, fundamentals, financial metrics, company profiles and news shown for stocks and their tokenised versions, on this website or in the app, are provided for informational purposes only. Data may be delayed, estimated or incomplete, and is not guaranteed to be accurate. Tickers, prices and figures shown in images and animations on this website are illustrative.
Nothing on this website or in the app constitutes investment advice, a research report, or a recommendation or solicitation to buy or sell any security, token or other financial instrument. TradeStrike is a self-custodial wallet and is not a broker, dealer, exchange, investment adviser or transfer agent. References to companies, indices, issuers or brands do not mean they are affiliated with, sponsor or endorse TradeStrike.
4. Stock tokens are not shares
Acquiring a tokenised, derived or any other synthetic version of a stock does not convey ownership of the underlying share. Token holders do not acquire shareholder rights, including voting rights, information rights, or rights to dividends or other distributions, unless, and only to the extent, the issuer’s own terms expressly provide an economic equivalent.
Each stock token is created and issued by a third-party issuer, not by TradeStrike and not by the company whose share price the token tracks. Your rights, if any, exist solely against that issuer under its terms, and the underlying company has no obligation to token holders.
The on-chain price of a stock token is set by its own market and can deviate materially from the price of the underlying share, at a premium or a discount. A real-market reference price shown alongside a token is for comparison only.
5. Risks
Stock tokens are complex instruments, may not be suitable for you, and carry a high level of risk, including the possible loss of the entire amount paid. Key risks include: issuer and counterparty insolvency; de-pegging from the underlying share price; thin on-chain liquidity; smart-contract and blockchain risk; differences in how corporate actions are handled; trading pauses outside an issuer’s trading hours or around corporate actions; and regulatory or availability restrictions in your region, which can change at any time.
Tokens tracking private (pre-IPO) companies carry additional risk. The underlying exposure is typically held through special-purpose vehicles whose interests may be subject to transfer restrictions, and the referenced company may dispute or void those arrangements. Valuations for private companies are indicative and may not be realisable.
6. Issuer controls
Although you hold stock tokens in your own wallet, issuers and their authorised parties may be able to freeze, pause, burn, recover, transfer, refund or migrate them for legal, regulatory, security, business or operational reasons. TradeStrike cannot prevent or reverse an issuer’s action. During a freeze or pause you may be unable to transfer or sell your tokens.
7. Issuers and their documents
If anything on this page conflicts with an issuer’s official documents, the issuer’s documents prevail. Read them before acquiring any stock token.
Robinhood Stock Tokens
Robinhood Stock Tokens are tokenised derivative contracts issued by Robinhood Europe, UAB under MiFID II. They track the price of US-listed shares or ETPs and do not grant rights to the underlying securities.
- Robinhood Europe legal library
- Description of Services, Financial Instruments and Risks (PDF)
- Stock & ETP Tokens Key Information Document (PDF)
xStocks (Backed)
xStocks are tracker certificates issued by Backed Assets (JE) Limited (Jersey) under an EU base prospectus approved by the Liechtenstein FMA, and are distributed by licensed venues including Kraken. Each product has its own Final Terms.
Ondo
Ondo tokenised stocks are structured notes (debt instruments) issued by Ondo Global Markets (BVI) Limited, backed 1:1 (plus a buffer) by the underlying securities and governed by the issuer’s Sales Terms under Swiss law. The issuer offers them under Regulation S only to persons who are not US persons.
Coinbase tokenised stocks (B20 on Base)
Coinbase tokenised stocks are B20 tokens issued natively on Base by Coinbase Onchain SPV Ltd, an Abu Dhabi Global Market (ADGM) entity. Each token represents a 1:1 beneficial claim on underlying shares held in a bankruptcy-remote structure with Alpaca, a regulated broker and custodian. Dividends and corporate actions are reflected through an on-chain redemption multiplier (a total-return model) rather than cash distributions, so one token does not permanently equal one share. They are offered only to eligible persons outside the United States.
PreStocks (pre-IPO tokens)
PreStocks tokens provide synthetic economic exposure to private, pre-IPO companies through SPV structures under Regulation S. They confer no stock ownership, voting rights, dividends or information rights, and the issuer prohibits US persons from acquiring them.
8. Changes
Each issuer sets its own eligibility rules, which may change without notice. We may update this page at any time. Consult your own financial, legal and tax advisers before making investment decisions. Questions: support@tradestrike.io.