Robinhood Chain Tokenized Stocks Jump 5x to $70M in Under Two Weeks

Tokenized real-world assets on Robinhood Chain jumped roughly fivefold in under two weeks to about $70 million. 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. Daily trading volumes spiked from approximately $5 million to $60 million, the largest growth story to date. Total value locked on the chain reached about $312 million, with over 138 million transactions logged in 30 days.

Separately, crypto exchange BitMart announced its shutdown after nine years of operation, with its BMX token crashing 58% on the news—the second major exchange closure in a week following BitMEX. ZCash's Ironwood Upgrade is expected to go live tomorrow, introducing a new shielded pool and turnstile mechanism. Pons v2 is launching this week with a new earning mechanism and rug-proof design.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments