$1 Billion Tokenized Stock Volume Reaches Uniswap on Robinhood Chain

Uniswap has reached a milestone of $1 billion in combined tokenized-stock trading volume on Robinhood Chain, according to Uniswap founder Hayden Adams. This figure represents cumulative swaps involving multiple tokenized stocks rather than one token or a measure of deposited assets.

The milestone was announced by Adams in an X post, where he also stated that he expects the trading total to eventually reach $1 trillion. However, he did not provide a timeframe for this projection.

Uniswap operates as the main public automated market maker on Robinhood Chain, allowing traders to exchange Robinhood Stock Tokens through liquidity pools instead of a traditional order book. Supported assets include tokens tied to US-listed companies such as Nvidia, Apple, and Alphabet.