Tokenized Stocks on Robinhood's Chain Multiply Fivefold as Equities Begin Trading in Size

Real-world assets on Robinhood Chain, the layer-2 network the brokerage launched on July 1, rose roughly fivefold to about $70 million in under two weeks as tokenized equities began trading at larger size. A dozen tokenized stocks are now each clearing at least $500,000 in daily volume, with several above $1 million.

Tokenized shares of GameStop, Nvidia, and SpaceX led the activity, with the tokenized GameStop share reporting about $26.6 million in daily volume. The chain's total value locked has roughly tripled to around $312 million since mid-July. L2Beat data separately shows Robinhood Chain's total value secured rose about 17.6% over seven days, faster than any other tracked layer-2 network in that window.

The important qualifier is that the shift toward real-world assets is real but partial. Stablecoins and memecoin trading still account for most of the chain's activity, so the equities story is a growing share rather than the dominant use.

For an investor tracking where tokenization is heading, the signal is that a regulated brokerage is putting equities on a chain it controls, a closed venue competing directly against the open, issuer-gated approach Uniswap unveiled the same week.