Tokenized GOOGL trades 9.6% below closing price on Robinhood Chain
- —GOOGL on Robinhood Chain traded 9.6% below the closing price on $6.86M volume, up 2.5x
- —NVDA wallets rose by 784 to 193,891; WETH wallets added 1,151
- —WETH volume hit $288.5M, JOHN $167.5M and PONS $52.7M
- —FRONG turnover rose 3.5x; JOHN traded 9.7x its deposited value in a day
Why it matters: The on-chain discount to the closing price shows tokenized equities on Robinhood Chain are still thinly arbitraged.
Source: TokenPost