Robinhood has launched its own blockchain called Robinhood Chain, which processed 200 million transactions in one month. Seong Lee, Head of Product at Robinhood Crypto, reveals the details behind this performance in a podcast interview. The platform now enables permissionless stock token trading with redemptions possible even if Robinhood ceases operations. Users can also generate yields through a fully insured DeFi lending product. This development aligns with the broader tokenized finance trend, covering meme coins and real-world assets on-chain.
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