Morning Edition · Thursday, August 6, 2026Published at 1:48 AM EDT · New York
Robinhood Chain Holds Near $1 Billion Secured While Its Tokenized Assets Total $27.6 Million
A memecoin worth $86 million now carries more value on the network than the real-world assets the chain was built to host.
Robinhood's layer-2 network has grown quickly by one measure and barely at all by the one that matches its stated purpose. L2Beat puts total value secured at $993.4 million, up 22.1 percent over seven days, at a moment when Base fell 0.5 pe…
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Part of a tracked trend
Tokenized Equities Push Onto Public Blockchains
Over 3-6 months, exchanges and banks accelerate moving real equities on-chain — tokenized stocks with on-chain dividends and composable trading — turning the contest over open vs. closed tokenization venues into a concrete product race.
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