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Robinhood reports $15B in stock token trading as its chain hits 100 days

Robinhood reports $15B in stock token trading as its chain hits 100 days

Photo: Crypto Briefing

Robinhood Chain counts 200,000 stock token holders, while Morpho's dashboard shows about $1.1 billion deposited on the network Robinhood Chain has reached its first 100 days. The company says its stock tokens have already logged $15 billion in cumulative trading volume. That is a lot of tokenized Apple and Tesla exposure for a network that did not exist at the start of the summer. Robinhood also says the tokens now have about 200,000 holders. Morpho ’s dashboard shows about $1.1 billion deposited on the network. Robinhood Chain is an Ethereum Layer-2 network built on the Arbitrum Orbit stack.

Also reported by The Defiant.

Source: Crypto Briefing

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