Robinhood Chain Sees $536M in TVL Despite Tokenized Stock Lag

Rodinhood's Chain TVL reached $536 million on August 17, despite mixed RWA data. The company's stablecoin supply approached $640 million, with USDe gaining market share.

Robinhood stock closed at $96.25 after gaining 0.72% Monday. However, the network's deposit growth strengthened its on-chain expansion case, but asset composition remained less clear.

Different datasets produced sharply different readings for tokenized real-world assets. That gap matters because Robinhood built the chain around tokenized financial products.