MORROW
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MORROWOn-chain funds that hold crypto and tokenized stocks, run by managers people follow, open to anyone in one transaction.
Investor presentation · October 2026
The problem
Social trading apps hold your money and report the results themselves. You can’t verify either.
Vault platforms target asset managers: policies, whitelists, ops. Not something a trader with a following sets up in minutes.
Thousands of new tokens, and now 190+ tokenized stocks on Robinhood Chain. Most people want a curated basket.
The solution
Pick tokens and weights, set your fees. One transaction, live on Discover.
Pay in ETH or a stablecoin; the fund buys every token for you.
Smart contracts hold the fund. Managers trade it but can never withdraw it.
How it works
ETH, USDG or USDC, in one transaction
Automatically, in the right proportions
Your part of everything the fund holds
Managers set the targets and rebalance whenever they want, with a preview of every buy and sell before they sign.
Investors can leave any time: in ETH, a stablecoin or the tokens themselves. Every trade has a price floor.
Why now
real-world assets tokenized on-chain in 2026
stock tokens on Robinhood Chain within three months of launch
funded Robinhood customers, the on-ramp to that chain
Sources: rwa.xyz, Oct 23, 2026; Robinhood assets list; Robinhood operating data, Aug 2026
Tokenization
Tokenized assets need products people can buy. A fund that mixes tokenized stocks with crypto is exactly that.
Sources: rwa.xyz, Oct 2026; McKinsey; Citi Institute GPS (2026); ARK “Big Ideas 2026”; BCG × ADDX (2022)
Robinhood Chain
Robinhood Chain is an Ethereum L2 for tokenized assets. Its stock tokens trade on-chain around the clock and reach users in 120+ countries through the Robinhood Wallet.
MORROW funds hold those stocks next to ETH, stablecoins and ecosystem tokens: NVDA, TSLA, AAPL, SPY and 15 more at launch, priced by Chainlink, traded on Uniswap.
public launch of Robinhood Chain
in Robinhood stock tokens on-chain
DeFi TVL on the chain, under four months in
Sources: rwa.xyz; DefiLlama, Oct 23, 2026; Robinhood docs
Demand
users following other traders, $4B+ volume, valued at $550M
registered users on the largest copy-trading app, all custodial
wallets holding tokenized stocks, 1.48M on Robinhood Chain
People want to follow traders and own a curated basket. Today that’s custodial or unverified. MORROW turns it into a fund.
Sources: fomo Series B (June 2026); eToro (Aug 2026); rwa.xyz (Oct 2026)
The product, live today
V2 contracts live since Oct 2026. Deposit in ETH, USDG or USDC.
19 stock tokens, ETH, stablecoins, AI and VIRTUAL, up to 15 tokens per fund.
Permissionless, from any Uniswap V2, V3 or V4 pool with real liquidity.
Index, Standard or Degen: lower, medium or high risk. Investors see it at a glance and filter on it.
Feed, theses, verified managers, performance cards for X.
Build a public track record first, then launch for real. App in 5 languages.
Built-in trust
A manager decides what a fund holds. Everything else is fixed by code they can’t change on the spot.
| Rule | What it means |
|---|---|
| Non-custodial | Managers can trade a fund, never withdraw it |
| Fee caps | Entry ≤ 10%, performance ≤ 20% |
| Real profit only | Performance fee per investor, on cash-out |
| 7-day notice | Any fee raise waits, so investors can leave |
| Slippage floors | Each trade has an on-chain minimum |
| No forced dumps | Thin pools return tokens in kind |
| 2-day upgrades | Lock-ups lift while new code waits |
The landscape
Vault-as-a-service for DeFi and RWA products. Policies, integrations, ops. Built for professional and institutional managers.
Zero-fee ERC-4626 vaults with async deposits for professional asset managers. Mostly on Arbitrum, also on Robinhood Chain.
ERC-7621 basket tokens (BSKT): anyone creates a crypto basket, holders vote on changes. Ethereum and Base.
Source: DefiLlama, Oct 23, 2026
Side by side
| Platform | Built for | What a fund holds | Chains | Entry for investors |
|---|---|---|---|---|
| MORROW | Traders with a following, and their audience | Crypto + 19 tokenized stocks | Robinhood Chain, Ethereum. Next: Base, Arbitrum, BNB Chain | One tx, ETH or stable |
| Enzyme | Professional and institutional managers | DeFi positions, RWA | Ethereum, Polygon, Arbitrum | Vault deposit |
| T3tris | Professional asset managers | Manager strategies | Arbitrum, Robinhood Chain | Async deposit |
| Alvara | Basket creators, token holders | Crypto baskets | Ethereum, Base | Basket mint |
Based on each platform’s public descriptions, October 2026. Our reading, not their claims.
Positioning
Retail-first fund creation, with tokenized stocks next to crypto. Nobody else sits here.
Placement is our assessment of each product’s public positioning
Why MORROW wins
Stock tokens, Chainlink prices and anchor tokens are wired in. First mover on stock + crypto funds.
Entry and performance fees go straight to the manager. Launching takes minutes, not a legal team.
Performance cards, theses and a public feed turn each fund’s results into posts that bring investors.
Every fund on Robinhood Chain holds at least 5% $MORROW, enforced by the contract.
Business model
On every transaction, for users without a subscription. Rate TBD.
No protocol fee on any transaction. Price TBD.
€100–500 per fund. Free today to win managers.
5% of each Robinhood Chain fund: demand that grows with TVL.
Go-to-market
Onboard traders with an audience on X and Telegram, one by one.
Performance cards and the feed put every result on X, with a link back.
AI and VIRTUAL communities, launchpads on Robinhood Chain, stock-token holders.
Five languages, aimed at the 120+ countries stock tokens reach.
Paper funds are the top of the funnel: prove a strategy in public at no cost, then launch it for real.
Traction
first fund live, 2026
chains live: Robinhood Chain and Ethereum
funds launched
value in funds
$MORROW launched on Pons, Robinhood Chain’s launchpad: 500 holders, $430K all-time-high market cap
Best fund +100% since launch
Roadmap
rh.morrowfunds.com · eth.morrowfunds.com