Metal Trusts and Materials

• GLDSPDR Gold Shares (GLD)Robinhood Assets (Jersey) Limited
• SLViShares Silver Trust (SLV)Robinhood Assets (Jersey) Limited
• USARUSA Rare Earth, Inc. (USAR)Robinhood Assets (Jersey) Limited

• GLD — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
• SLV — Exposure-level migration only: the former SILV asset was a physical-silver claim; this Robinhood Stock Token tracks the iShares Silver Trust. They are not the same instrument.
• USAR — Company exposure only: this Stock Token references USA Rare Earth equity. It is not ownership of rare-earth minerals or a claim on physical metal.

these are Stock Tokens issued by Robinhood Assets (Jersey) Limited: tokenised debt securities that provide economic exposure to the named security. they are not shares and provide no ownership, voting, or other shareholder rights. corporate actions are reflected through a shares-per-token multiplier. they may not be offered to US persons and are restricted in other jurisdictions. while the underlying market is closed, onchain execution can diverge from the reference price and spreads can widen.