Robinhood’s blockchain network has reached 420,000 real-world asset holders and $1.3 billion in total value locked, roughly six weeks after launching its public mainnet on July 1. TVL grew from $39 million at launch to $1.3 billion, representing approximately 33x growth. Built on the Arbitrum framework as an Ethereum Layer 2 solution, the chain offers tokenized assets from companies like NVIDIA and Apple, along with integrations with DeFi protocols like Morpho for borrowing against tokenized stock positions. Without a native token or token incentive program, this growth is seen as a strong signal of organic demand rather than typical airdrop farming. The chain now outperforms Ethereum and Solana on real-world asset holder leaderboards, validating Arbitrum’s Orbit framework as a viable foundation for application-specific rollups.
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