Robinhood Chain DEX volume nears $5B, tokenized stock TVL tops $170M
- —Robinhood Chain DEX volume has approached $5 billion
- —TVL of tokenized stocks has exceeded $170 million
- —Tokens are backed 1:1 by real shares, with dividends reinvested
- —Redemption into shares and voting are not yet available, with no timeline disclosed
Why it matters: Rising volumes and TVL show demand for tokenized stocks, but the lack of redemption and voting limits how complete they are.
Source: TokenPost