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Robinhood Chain reaches 200 million transactions in 30 days

Robinhood’s head of product for Robinhood Crypto said the platform’s permissionless stock tokens can be redeemed even if Robinhood is unavailable.

Reported · Written up by our desk · Market Structure

Robinhood Chain has reached 200 million transactions in just 30 days, according to an interview with Seong Lee, Robinhood’s Head of Product for Robinhood Crypto.

The Defiant reports that Robinhood also launched its own blockchain, positioning it around permissionless stock tokens within its tokenization push.

Lee also explained why permissionless stock tokens can now be redeemed even if Robinhood is not available, framing the feature around redemption mechanics on the network.

The discussion is focused on the broader real-world assets, tokenization, and stablecoin developments highlighted by The Defiant’s coverage.

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