Robinhood Chain tokenized stocks explode 5x in under two weeks

Robinhood Chain has recorded an increase in tokenized stock activity less than two weeks after its launch, with real-world assets growing to about $70 million and trading volumes expanding across several tokenized equities.

The latest on-chain data shows the network beginning to attract larger transactions in the asset class it was designed to support, even as memecoins and stablecoins continue to account for most decentralized exchange activity.

At the same time, infrastructure projects targeting the network are raising additional capital and launching new products as competition intensifies around Robinhood Chain’s growing user base and trading volumes.

Robinhood Chain tokenized stocks gain momentum

Data from DefiLlama showed that real-world assets on Robinhood Chain increased to approximately $70 million, marking a fivefold rise from the low tens of millions of dollars recorded shortly after launch. Earlier, tokenized assets accounted for only about 4% of network activity, while memecoins and stablecoins dominated trading.

Trading volumes have also increased across tokenized equities. Tokenized GameStop generated about $26.6 million in daily volume, followed by Nvidia at $14 million and SpaceX at $6.4 million. Twelve tokenized stocks now process more than $500,000 in daily trading volume, while five have exceeded $1 million.

The wider network, as highlighted by Cryptopolita, has expanded alongside that growth. DefiLlama data placed total value locked near $312 million after tripling since mid-July. The daily volume on decentralized exchanges has also climbed above $600 million, while Token Terminal reported more than 138 million transactions over the past 30 days.

Despite the rise in tokenized equities, speculative assets remain the largest source of activity. DEX Screener data showed trending tokens such as Hoodrat, Vladhood, and Swole Doge ranking above tokenized stocks by trading volume.

Funding and competition expand on Robinhood Chain

The network’s rising activity has also attracted infrastructure developers. Memecoin.Fun announced a $3.5 million strategic funding round led by Becker Ventures, with participation from BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen.

The transaction was completed through the USDG token, although the project did not disclose its valuation or investment terms.

According to the announcement, the funding will support the development of a Robinhood Chain launchpad, cross-chain bridge infrastructure, and research for a multichain platform focused on memecoins. However, the company did not provide launch dates for those products.

Competition is also increasing. Pons recently outlined plans for its V2 upgrade, which is expected to introduce an Ether-based bonding curve, Uniswap V4 integration, ETH creator payments, and trading pairs linked to tokenized real-world assets.

Network growth attracts new builders

Previously, network data showed that Robinhood Chain had locked nearly $400 million in the market’s stablecoins and had a total value locked (TVL) of $431 million in just three weeks since its launch. FalconX also revealed the network makes about 6 million transactions per day and has over 250,000 daily active users.

Artemis data was used by FalconX to calculate the decentralized exchange volume on the platform at almost $9 billion, while in certain activity metrics, it has outstripped Coinbase’s Base. Despite the rising presence of tokenized stocks, memecoins still drive over 80% of trading on DeFi exchanges, suggesting that the vast majority of activity still takes place on the latter.

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