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Robinhood Markets - Backpack Securities (HOOD) is currently priced at $113.76 USD. The price has increased 0.14% in the last 24 hours. It has a market capitalization of $786,952.567. Fully diluted valuation: $786,952.567. Circulating supply is 6,917.886 HOOD. Total supply is 6,917.886 HOOD.
$113.76
- 1D
- +0.14%
- 1M
- −10.1%
- 3M
- —
- 1Y
- —
Market Cap$787K
Fully Diluted$787K
Holders554
About Robinhood Markets - Backpack Securities
Robinhood Markets (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, HOOD represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.