Robinhood Chain Sees Tokenized Stocks Gain Traction as RWA Market Tops $70 Million

Robinhood Chain is beginning to deliver on its tokenization strategy after an early surge in memecoin speculation overshadowed its launch. Less than two weeks after debuting, the blockchain is seeing rapid growth in tokenized real-world assets (RWAs), with the sectors market value climbing to roughly $70 million, according to DefiLlama. That marks an increase of about five times from the low tens of millions recorded shortly after launch. Initially, tokenized assets accounted for only around 4% of the networks activity, while stablecoins and memecoins dominated trading. Now, tokenized…  Read more

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