Robinhood Chain surges into top five by DEX volume: Bernstein
Robinhood’s new blockchain quickly became a top-five network by DEX volume, signaling strong early demand for its tokenized asset platform, the broker said.
Make preferred on
Share this article
Summary
- Robinhood Chain processed $3.1 billion in DEX volume over the past seven days, ranking among the top five chains, Bernstein said.
- More than 65,000 users hold roughly $13 million in tokenized stocks and $300 million in stablecoins on the network.
- Bernstein said the launch strengthens Robinhood’s strategy to expand tokenized equities and other real-world assets through DeFi.
