Robinhood Chain Brings DeFi to Main Street with $11.8M in Tokenized Stock Deposits

Roninhood Chain, an Ethereum Layer 2 built on Arbitrum's Orbit technology, has become a major player in the decentralized finance (DeFi) space. The platform launched its public mainnet on July 1, 2026, and within weeks, users had deposited roughly $11.8 million worth of tokenized stock into DeFi protocols.

The leading assets by deposit volume are NVDA, SPY, and SpaceX tokens, which may seem like a traditional investment portfolio but is actually a result of the platform's unique design.

Stock Tokens on Robinhood Chain give holders 24/7 on-chain economic exposure to equities and ETFs, structured as debt securities rather than direct equity stakes. This distinction is crucial, as it explains why these tokens are off-limits to US persons entirely.