Overview
- Tokenized real‑world assets on Robinhood Chain jumped to about $70 million after a rapid increase in the past two weeks while total value locked roughly tripled to about $312 million.
- A dozen tokenized stocks now clear at least $500,000 a day with GameStop at roughly $26.6 million, Nvidia near $14 million and SpaceX about $6.4 million in daily volume.
- Despite that growth, tokenized equities account for under 10% of DEX trading on the chain, generating roughly $55 million versus roughly $600 million in total daily DEX volume driven mainly by memecoins and stablecoins.
- The network is processing very heavy activity—over 138 million transactions in 30 days and more than $600 million in daily DEX volume—but a 90‑day gas subsidy and early fee dynamics may be inflating short‑term metrics.
- Observers say the next tests are whether volumes hold after subsidies end and how regulators and custodians treat Jersey‑issued stock tokens, which will matter for retail onboarding and institutional participation.