Tokenized real-world assets on Robinhood Chain have grown to about $70 million, marking an increase of roughly fivefold in less than two weeks, according to a report cited by Odaily from CoinDesk. The rise came as tokenized stocks began to reach meaningful trading scale on the chain, pushing the size of related assets higher at the same time. Data in the report shows that 12 tokenized stocks have each recorded at least $500,000 in single-day trading volume. Names mentioned include GameStop, Nvidia and SpaceX, while some tokenized stock products posted more than $1 million in daily volume. Robinhood Chain’s total value locked has also climbed to about $312 million, around three times its previous level. Even so, activity on the chain is still led by stablecoin and meme coin trading, with real-world asset transactions accounting for only part of the recent increase.
Tokenized real-world assets on Robinhood Chain have risen to about $70 million, up roughly fivefold in less than two weeks, according to CoinDesk in a report cited by Odaily.
As tokenized stocks begin to trade at larger scale, the size of related assets has expanded as well.
Tokenized stock volumes move higher
At present, 12 tokenized stocks have each recorded at least $500,000 in single-day trading volume. Those names include GameStop, Nvidia and SpaceX. Some tokenized stocks have posted more than $1 million in daily volume.
TVL reaches about $312 million
Robinhood Chain’s total value locked has climbed to about $312 million, roughly tripling from its earlier level.
Still, trading in stablecoins and meme coins continues to dominate activity on the chain, while transactions tied to real-world assets account for only part of the recent increase.
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