Robinhood2026-09-04 19:16:03Meme Coins Paired With Tokenized Stocks Are Taking Off on Robinhood Chain, but the Squeeze Thesis Looks ThinA new trading pattern is emerging on Robinhood Chain, the company’s permissionless layer-2 network launched in July: meme coins are being paired directly with tokenized stocks instead of stablecoins. Over the weekend of August 30, BONER locked up more than half of the tokenized Hims & Hers Health supply and briefly pushed the wrapped HIMS price to $132.64, while the real HIMS stock had closed Friday at $28.84. Because Robinhood allows only one licensed partner to mint and burn these stock tokens, supply stayed fixed, and with the NYSE closed for the weekend, a few thousand dollars of trading was enough to move the market. Traders framed the move as a short-squeeze attempt, but BONER’s own website said the math falls short, with all tokenized HIMS shares together representing only 0.1% of the real short position. Similar meme-stock pair structures have appeared around Nvidia, Strategy, Microsoft, and AMC, bringing trading activity and attention to Robinhood Chain even if they are not moving the underlying stocks themselves.1540
Uniswap2026-09-04 17:03:39Uniswap Co-Founder Accuses AMC CEO of Overreach in Tokenized Stock DebateUniswap co-founder Hayden Adams entered the debate over the legality of tokenized stocks, accusing AMC CEO of overreach and noting that the CEO first heard of tokenized stocks. Adams stated that the tokenization of stocks was carefully designed by a former SEC commissioner to be legal.1060
AMC2026-09-04 16:43:44AMC CEO Slams Robinhood Over Offshore Stock Tokens, MEME Crashes Below $40MAMC CEO Adam Aron took to X to again criticize Robinhood for promoting offshore Stock Tokens on its U.S. website, accusing the company of evading securities laws. Aron directly called out Robinhood co-founder Vlad Tenev, stating that the practice violates U.S. securities law and undermines market integrity. Following the comments, the MEME token accelerated its decline, falling below $40 million in market cap to $38.82 million, according to GMGN.1070
Robinhood2026-09-04 15:49:21Robinhood Meme Coin MEME Market Cap Drops Below $50M, Down 56% in 6 HoursMEME's market cap fell to $49.66 million after hitting a high of $151 million, dropping 56.31% in six hours. The decline follows Robinhood's announcement of its on-chain stock token DEX reaching $3 billion in trading volume over 63 days, covering 190+ companies including AMC. AMC CEO Adam Aron criticized Robinhood CEO Vlad Tenev, threatening legal action. Investors are warned about high volatility in meme coins.1140
AMC2026-09-04 14:11:44AMC Tokenized Stock Launched on Solana via SunriseAMC tokenized stock has been officially launched on the Solana blockchain through Sunrise, with Backpack Securities handling the issuance. The product allows investors to trade tokenized assets representing AMC shares on the Solana network.520
AMC2026-09-04 13:20:59AMC Tokenized Stock Briefly Surges to Nearly $8, Far Above Actual Share PriceAMC tokenized stock surged to nearly $8 in overnight trading while the actual stock remained unchanged due to market closure. During pre-market trading, the tokenized price ($2.85) converged with the actual pre-market price ($2.81), both above Tuesday's close of $2.54. Source: CoinGecko.1100
MEME2026-09-04 13:42:52MEME Market Cap Drops Below $70M, Halved from $150M PeakOn September 4, according to GMGN market data, the crypto-equity meme coin MEME accelerated its decline after the US stock market opened, as the underlying stock AMC failed to rise significantly. Its market cap fell below $70 million, halved from its peak of $150 million.1010
MEME2026-09-04 10:08:11Wallet Turns $3,000 into $2.2M in 3 Weeks, Becomes Largest MEME HolderBlockchain analytics firm Bubblemaps has tracked a wallet address, sickfish56151, that turned a $3,000 initial investment into $2.2 million within three weeks by trading MEME tokens. The address, created just 21 days ago, had only traded 10 tokens before its 11th trade hit MEME. It purchased MEME via Pump.fun, transferred the tokens to a Robinhood Chain address, and sold 750,000 MEME for a profit of about $85,000, with remaining holdings worth over $2 million, making it the largest MEME holder. MEME was issued through the LONG platform on Robinhood Chain and is paired with tokenized AMC stock. AMC CEO Adam Aron had previously criticized Robinhood for listing unregistered stock tokens.1140