Nvidia's tokenized stock, trading under the ticker NVDArh, has drawn roughly 74,000 holders on Robinhood Chain and emerged as the platform's most popular tokenized asset, according to Techub News, citing CryptoBriefing. On-chain data shows the token holds about $2.4 million in DeFi deposits, an indication that holders are actively using it in lending and liquidity protocols. Robinhood Chain is a Layer-2 network built on Arbitrum technology, designed to let users trade U.S. stocks and ETFs as ERC-20 tokens. Real-world asset activity on the chain climbed nearly fivefold in July, lifting its total market cap to about $70 million. SpaceX and Apple round out the top three, ranking second and third respectively. The figures offer a snapshot of how tokenized equities are gaining traction inside crypto-native trading venues, with retail-focused platforms increasingly turning to blockchain-based access to traditional assets.
Nvidia's tokenized stock NVDArh has drawn roughly 74,000 holders on Robinhood Chain, making it the platform's most popular tokenized asset, according to Techub News, citing CryptoBriefing.
On-chain data shows the token holds about $2.4 million in DeFi deposits, indicating holders are putting it to work in lending and liquidity protocols. Robinhood Chain is a Layer-2 network built on Arbitrum technology that supports trading U.S. stocks and ETFs as ERC-20 tokens.
In July, real-world asset activity on the chain grew nearly fivefold, pushing market cap to around $70 million. Nvidia leads the ranking, with SpaceX in second place and Apple in third.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
