Decentralized perpetuals exchange Lighter now accepts Robinhood Stock Tokens as eligible trading collateral on Robinhood Chain, enabling users to post tokenized equities such as NVDA, GOOG and AAPL as margin for perpetual futures. This expands collateral options beyond the USDG stablecoin, which had been the sole accepted collateral since Robinhood Chain’s mainnet launch on July 1. Due to regulatory restrictions, the tokens are not available to US persons, excluding Robinhood’s roughly 24 million US-funded accounts from this offering. Founded in 2022, Lighter raised $68 million last November in a round that included Robinhood Ventures, valuing the company at approximately $1.5 billion, and operates under a 50-50 revenue sharing agreement with Robinhood Chain.
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