Question 1

What backs SCHD?

Accepted Answer

SCHD (Schwab US Dividend Equity ETF • Robinhood Token) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade SCHD 24/7?

Accepted Answer

Yes — SCHD trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is SCHD permissionless to buy?

Accepted Answer

Partly — SCHD trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.