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RWA Crypto

Robinhood Adds Eight Stock and ETF Tokens to Its Chain

Robinhood has added eight new stock and ETF tokens to its blockchain, where stock tokens already support trading and collateralized borrowing. DefiLlama tracks $246.7 million in real-world assets deployed in DeFi on the network. The expansion deepens Robinhood’s tokenized-equity offering on its own chain.

Original source

AI take

The addition is less about breadth than about infrastructure: each new token feeds a venue where equities can be traded and pledged as collateral, which is where tokenized stocks start behaving like DeFi primitives rather than wrapped exposure. The $246.7 million in RWAs tracked on the chain gives a rough sense of how much value is actually circulating there, and that base is what the new listings build on. Whether the token count or the collateral use case drives growth from here is the open question.

Generated by AI for reference only.

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