What Is the TSM Stock Token? Price, Markets & How to Trade on the OneKey App
Key Takeaways
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The TSM Stock Token provides onchain economic exposure linked to the price of Taiwan Semiconductor Manufacturing American Depositary Shares.
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It is issued by Robinhood Assets (Jersey) Limited and is not Taiwan Semiconductor Manufacturing stock.
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Holding the TSM Stock Token does not mean directly owning Taiwan Semiconductor Manufacturing securities and does not provide shareholder voting rights.
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Eligible users can search for and swap TSM through OneKey's Swap & Bridge feature.
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Before trading, users should verify Robinhood Chain, the official contract address, price impact, slippage and network fees.
What Is the TSM Stock Token?
The TSM Stock Token is an ERC-20 Stock Token deployed on Robinhood Chain. Its economic performance is linked to Taiwan Semiconductor Manufacturing American Depositary Shares, which trades on the New York Stock Exchange.
It is not Taiwan Semiconductor Manufacturing stock. Holders do not become Taiwan Semiconductor Manufacturing shareholders and do not directly obtain legal or beneficial ownership of the underlying security.
Robinhood defines Stock Tokens as tokenized debt securities issued by Robinhood Assets (Jersey) Limited. According to Robinhood, Stock Tokens in circulation are collateralized by their corresponding underlying assets, which are held through a custody partner.
According to Taiwan Semiconductor Manufacturing's SEC company filings, TSM is the trading symbol for Taiwan Semiconductor Manufacturing American Depositary Shares.
TSM Stock Token at a Glance
Contract addresses and deployment information may change. Before publishing or trading, verify the details through the official Robinhood Chain Token Registry.
How Is the TSM Stock Token Priced?
The TSM Stock Token's price performance is linked to Taiwan Semiconductor Manufacturing American Depositary Shares, but the reference stock price is not the same as the final onchain execution price a user receives.
The final swap quote may be affected by:
The underlying market price of TSM;
The Stock Token's current onchain multiplier;
Onchain liquidity and bid-ask spreads;
Swap routing and service fees;
Price impact and slippage;
Robinhood Chain network fees;
Whether the underlying market is in a regular trading session.
Robinhood provides underlying-asset quotes and corporate-action data. See the Robinhood Stock Token API documentation for technical details.
Where Does TSM Trade?
It is important to distinguish between the underlying securities market and the onchain market:
Underlying market: Taiwan Semiconductor Manufacturing American Depositary Shares trades on the New York Stock Exchange.
Onchain market: The TSM Stock Token is deployed on Robinhood Chain and may be swapped through wallets and onchain liquidity venues that support the network.
Robinhood Chain is an Ethereum-compatible Layer 2 network that uses ETH for gas. Stock Tokens can be held in self-custody wallets around the clock, and onchain markets may continue providing quotes while traditional securities markets are closed.
However, liquidity, spreads and execution prices may vary significantly at different times.
How to Trade the TSM Stock Token on the OneKey App
Before getting started, make sure that:
OneKey is updated to the latest version;
Your wallet contains a supported asset that can be swapped;
You have a small amount of ETH on Robinhood Chain to pay gas fees;
Accessing and trading the product is permitted in your jurisdiction.
Searching for the TSM Stock Token in the OneKey App: Trade -> Swap & Bridge -> Select token
Step 1: Tap Trade
Open the OneKey App and tap Trade in the bottom navigation bar.
Step 2: Select Swap & Bridge
Select Swap & Bridge at the top of the trading page.
Step 3: Select Robinhood Chain
Choose the asset you want to use for payment and set the network to Robinhood Chain.
Supported payment assets and available swap routes may change with market liquidity, the OneKey version and third-party providers.
Step 4: Search for TSM
Tap the destination-token field and search for TSM.
Verify the following information:
Name: Taiwan Semiconductor Manufacturing • Robinhood Token
Symbol: TSM
Network: Robinhood Chain
Contract: 0x58FfE4a942d3885bAa22D7520691F611EF09e7AA
Do not select a token based only on its name or symbol. Third parties may create assets with similar names and symbols.
TSM Stock Token vs. Taiwan Semiconductor Manufacturing American Depositary Shares
Risks to Consider Before Trading
Market risk: TSM's market price may rise or fall rapidly.
Liquidity risk: Onchain liquidity may be limited, particularly outside active market hours.
Price-tracking risk: The TSM Stock Token's execution price may differ from the underlying security's reference price.
Issuer and counterparty risk: The product's value depends on the issuer and its collateral and custody arrangements.
Smart-contract and network risk: Contract vulnerabilities, network interruptions or third-party service failures may result in losses.
Regulatory risk: Stock Tokens are not available in every country or jurisdiction.
Self-custody risk: Losing a recovery phrase or private key may result in permanent loss of access to assets.
Robinhood states that Stock Tokens are not registered under U.S. securities laws and may not be offered to U.S. persons. Restrictions also apply in jurisdictions including Canada, the United Kingdom and Switzerland. Additional restrictions may apply elsewhere. Review the Robinhood Stock Token eligibility requirements and risk disclosures before trading.
In Europe, Article 2 of MiCA excludes crypto-assets that qualify as financial instruments, and the ESMA classification guidelines set out how that test works; the EEA covers the 27 EU member states plus Iceland, Liechtenstein and Norway. Before trading, also review Robinhood's Stock Token eligibility and risk disclosures and the applicable RHJ base prospectus and final terms.
Conclusion
The TSM Stock Token offers eligible users onchain economic exposure linked to the price performance of Taiwan Semiconductor Manufacturing American Depositary Shares.
In OneKey, users can navigate to:
Trade → Swap & Bridge → Robinhood Chain → Search for TSM
After selecting the token, verify the official contract address, live quote, price impact, slippage, gas fee and regional eligibility before confirming the transaction.
This article is provided for informational and product-education purposes only. It does not constitute investment, legal or tax advice. Stock Tokens involve significant risk, including the possible loss of some or all invested funds.
FAQ's
No. It provides economic exposure linked to Taiwan Semiconductor Manufacturing American Depositary Shares, but holding it does not mean directly owning the underlying security.
Stock Tokens can be held in onchain wallets at any time, and onchain markets may continue operating outside traditional market hours. However, liquidity, pricing, and minting or redemption conditions may vary at different times.
Robinhood states that when an underlying company pays a cash dividend, a multiplier mechanism may reinvest the dividend and adjust the Token's onchain multiplier. Specific entitlements are subject to the applicable product terms and should not be understood as ordinary shareholder dividend rights.
Robinhood Chain uses ETH as its native gas token. Keep a small amount of ETH in the Robinhood Chain wallet before making a transaction.
Under Article 2 of the EU Markets in Crypto-Assets Regulation, a crypto-asset that qualifies as a financial instrument falls outside the scope of MiCA. Robinhood defines Stock Tokens as tokenized debt securities. Their regulation may therefore involve MiFID II, the EU Prospectus Regulation and applicable national financial laws. The specific classification depends on the product's structure and the rights granted to holders. For more information, see the ESMA Guidelines on the qualification of crypto-assets as financial instruments. Those sources are linked in the Risks to Consider Before Trading section above.
Availability depends on the specific Stock Token, the user's location and eligibility, and the entity providing the relevant trading or liquidity services. The European Economic Area comprises the 27 EU Member States, Iceland, Liechtenstein and Norway. See the official EUR-Lex overview of the EEA for details. Even if TSM appears in OneKey's search or trading interface, this does not mean that a particular user is legally eligible to trade it. Before trading, review the Robinhood Stock Token eligibility requirements and risk disclosures and the applicable RHJ Base Prospectus and Final Terms. Those sources are linked in the Risks to Consider Before Trading section above.
