Exchanges· ★★★· neutral·

Robinhood aims to become the No. 1 chain, calls Ethereum a technical choice

  • —Robinhood Chain launched on July 1 and is not yet three months old
  • —One partner's data puts the network first by developer activity
  • —TVL of Robinhood's tokenized equities is about $160 million
  • —Tokenized stocks are available in 121 countries via Robinhood Wallet and Robinhood Chain
Why it matters: Robinhood is building its own L2 infrastructure for equity tokenization, intensifying competition among chains for the institutional on-chain market.
#ETH#ARB
Source: TokenPost
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