Crypto
Home›Crypto›Market Structure›Tokenized stocks on Robinhood Chain surge to about $70…
Tokenized stocks on Robinhood Chain surge to about $70 million
Roughly 12 tokenized stocks are clearing more than $500,000 in daily volume, led by GameStop at about $26.6 million per day, as total value locked rises to about $312 million.
Tokenized real-world assets, specifically stock shares trading onchain, have surged on Robinhood Chain, rising about fivefold in less than two weeks to roughly $70 million, according to analysis by Decrypt.
Decrypt reports that daily trading activity is widening beyond early memecoin-led speculation. About a dozen tokenized stocks are each clearing more than $500,000 in daily volume, with five above $1 million, led by GameStop at $26.6 million per day, Nvidia at $14 million, and SpaceX at $6.4 million.
The broader chain has also accelerated, with total value locked increasing to about $312 million and the network clearing more than $600 million in daily decentralized exchange volume. Decrypt adds that the chain has logged more than 138 million transactions in 30 days, placing it among the most active networks in crypto.
Decrypt says tokenization is becoming a key strategic storyline ahead of Robinhood’s earnings this week, with over 100 assets tokenized and total RWA value nearing $25 million. The outlet frames the near-term question as whether HOOD stock has already priced in this growth and how company leadership may address it on the earnings call.