bit.fanBit.FanWeb3 News · Betting Reviews · Market Insights
‹ BackNewsMemecoins

Memecoins

Robinhood
2026-07-17 15:36:39

Robinhood’s DeFi push centers on bringing 10 million retail users onchain

Robinhood is making a high-stakes push to bring 10 million casual retail users into decentralized finance, according to a CoinDesk report published July 17, 2026. The company says its edge comes from moving retail customers onchain rather than targeting crypto-native users first. Early activity, however, is still being driven mainly by memecoins, showing that speculative trading remains the dominant use case at this stage. At the same time, Robinhood’s original vision around tokenization is still small in scale. The report was written by Oliver Knight and edited by Aoyon Ashraf. The article frames Robinhood’s strategy as a major bet on consumer adoption of onchain finance, but one that has yet to show broad traction beyond meme-token activity.

500
Robinhood’s DeFi push centers on bringing 10 million retail users onchain
Noxa
2026-07-15 12:11:58

Noxa shutters after giving away all revenue, leaving Robinhood Chain memecoin trade reeling

Noxa, the launchpad tied to CASHCAT’s rise and a major driver of Robinhood Chain’s memecoin activity, gave away all of its revenue after collecting nearly $12 million in fees, according to CoinDesk. The platform then went dark, and CoinDesk said the move left Robinhood Chain’s memecoin economy in freefall. The report identifies Noxa as the launchpad that fueled the chain’s memecoin boom before its shutdown. The article was written by Oliver Knight and edited by Sheldon Reback, with publication time listed as July 15, 2026. No further operational details were disclosed in the source text.

550
Noxa shutters after giving away all revenue, leaving Robinhood Chain memecoin trade reeling
Robinhood
2026-07-15 03:35:30

Artemis co-founder Jon Ma urges Robinhood not to turn its chain into a memecoin venue

Artemis co-founder Jon Ma has issued a public statement urging Robinhood to steer away from making memecoins the center of Robinhood Chain and to focus instead on real-world assets, or RWA, and tokenized stocks. In the letter, Ma directly addressed Robinhood founder Vlad Tenev and internal executive Johann, saying he has been involved in Robinhood’s IPO financing since 2019 and does not want to see the company repeat what he described as the path taken by Coinbase’s Base network: rising on memecoins and later being hurt by them. Ma said Robinhood Chain has posted strong early metrics, but argued that trading on the network is now too concentrated in assets he sees as lacking long-term value. He also said an overreliance on memecoins could weaken trust among retail users, damage Robinhood’s brand with Wall Street and hedge funds, and distract the company from products such as the Robinhood wallet, the Arcus decentralized exchange ecosystem, tokenized equities, stablecoins, prediction markets, and pre-IPO stock access for global investors.

1420
Artemis co-founder Jon Ma urges Robinhood not to turn its chain into a memecoin venue