Robinhood Chain Surpasses Solana and Ethereum in RWA Trading
RWAs on Robinhood Chain have surpassed those on other blockchain networks, with around 328,000 holders of tokenized Real-World Assets (RWAs). This milestone comes less than a month after the network's mainnet launch.
The number of listed assets on the chain has climbed to 97, while the value of tokenized assets excluding stablecoins has nearly doubled over the past week to around $24 million. Robinhood Chain can promote blockchain-based financial products directly to approximately 28 million funded brokerage accounts.
Distribution is key for Robinhood Chain's success, as noted by investment strategist Max Michielsen: 'Distribution is the product now, and Robinhood is demonstrating how quickly it compounds.'