Real-world assets tokenized on Robinhood Chain have surged approximately fivefold in less than two weeks to reach around $70 million. Over a dozen tokenized stocks are each clearing more than $500,000 in daily volume, with GameStop leading at $26.6 million per day, followed by Nvidia at $14 million and SpaceX at $6.4 million. Total value locked has tripled since mid-July to approximately $312 million, and the chain is clearing more than $600 million in daily DEX volume. More than 100 assets have been tokenized and daily trading volumes have spiked from $5 million to $60 million. Robinhood reports earnings this week, giving CEO Vlad Tenev a major strategic argument to present to Wall Street analysts about the growth of its blockchain.
Source: Read the original article
