Alphabet Class A • Robinhood Token

Alphabet Class A • Robinhood Token (GOOGL) is a Robinhood Token issued on Robinhood Chain that gives economic exposure to the GOOGL share. Robinhood Assets (Jersey) Limited, a company incorporated in Jersey, is the issuer; its documentation calls these products debt instruments. Alphabet Inc. is the parent company of Google, with activities in search, advertising, cloud and video services; its Class A shares trade on Nasdaq under the ticker GOOGL.

Legally, the token is a debt instrument of the issuer, not the GOOGL share. It does not make its holder a shareholder, give a vote or create a direct claim against the underlying company; only rights that the issuer's documentation defines separately apply. The documentation excludes the United States and restricts places such as Canada, the United Kingdom and Switzerland. Türkiye included, access depends on the issuer's current terms.

On Lzzo.com the value is derived in two steps. First the Chainlink price feed for this token on Robinhood Chain is checked; if it is fresh, its oracle value is used. Otherwise, for example while the underlying market is closed or the oracle is paused around a corporate action, the page shows a reference: the underlying price multiplied by the token multiplier. It is a reference, not a traded price.