Why a name alone proves nothing
Deploying an ERC-20 token and naming it "Apple Inc." with the symbol "AAPL" costs a few dollars and takes thirty seconds. It has zero connection to the real company or any real issuer unless a specific, official deployer address created it. A token's name and symbol are just strings, set once by whoever deployed it, with no verification built into the ERC-20 standard itself.
What actually proves a tokenized stock is official
The only real proof is the deployer address, the wallet or contract that actually created the token, cross-checked against the real issuer's known, official address. Robinhood's own tokenized stocks on Robinhood Chain are created by one specific, verifiable issuer contract. A token is official if and only if that exact address created it, not if it merely looks or sounds right.
How ScanHood checks this automatically
When you scan a token at /scanner, check the rwa field in the result: official means it passed that address check. impostor means it copies an official name but did NOT come from the real issuer, that's a direct danger flag, not a neutral one.
NAV: the second check worth knowing
Even a genuine, official tokenized stock can trade away from its real value if its on-chain pool is thin or briefly mispriced. ScanHood reads each official stock's live oracle price (its real NAV, fair value) separately from the pool's trading price, and shows how far apart they are. A pool trading noticeably above or below NAV isn't a scam, but it's a signal that you might be paying (or receiving) more or less than the stock is actually worth at that moment, worth checking before a large trade either way.
Frequently asked
If a token is verified on Blockscout, does that mean it's the official stock?
No. "Verified" means the source code matches what's deployed, it's completely unrelated to who deployed it or what it's named. An impostor can verify their source code too. Always check the deployer address, not the verification badge.
Can the official issuer's address ever change?
It's possible if Robinhood or the issuing infrastructure migrates to a new contract, in which case ScanHood's allowlist would be updated to match. This is exactly why checking against a maintained, current allowlist (like ScanHood's) matters more than memorizing an address yourself, it can go stale.
What does "unverified" (not impostor) mean for a stock-named token?
It's a softer flag for a token whose name loosely references a real stock or "Robinhood Token" branding, without conclusively matching the impostor pattern either. Treat it with the same caution as any unverified claim, not the same danger level as a confirmed impostor, but not trusted either.
Where can I actually buy the official, verified tokenized stocks?
ScanHood's /stocks page lists only official-issuer-verified tokenized equities, buyable directly with USDG against a live oracle price.