# 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.

- Published: 2026-08-06T05:48:34.076Z
- Canonical: https://polylog.news/crypto/2026-08-06/robinhood-chain-holds-near-1-billion-secured-while-its-token
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/05/cashcat-jumps-120-in-a-week-as-robinhood-chain-tvl-hits-usd774-million), [CoinDesk](https://www.coindesk.com/markets/2026/08/06/bitcoin-steadies-above-usd64-000-as-traders-watch-usd100-billion-spacex-unlock)

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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