Robinhood stock tokens go live on Morpho as loan collateral

Non-US holders can borrow USDG against tokenized NVDA, SPY and SPCX on Robinhood Chain without selling their positions Robinhood stock tokens can now be used as collateral on Morpho , letting holders borrow stablecoins against tokenized equities without selling them. The markets went live on October 22, 2026. Users can borrow USDG, a dollar-pegged stablecoin, against tokenized shares including NVDA and SPY. The loans run through isolated markets on Robinhood Chain, the company’s newly launched network, with Morpho serving as the underlying open credit network. Curators set the compliance controls on each market.