Robinhood Chain RWA Daily Trading Volume Hits Record $85.1M, Tokenized Stocks Contribute $66.6M

Odaily News: On August 25, Robinhood Chain's daily on-chain RWA trading volume reached $85.1 million, setting a new all-time high. Among this, tokenized stock trading volume was approximately $66.6 million, accounting for about 78% of the day's total trading volume; Meme coin and stock token trading pairs were approximately $10.4 million, ETF and U.S. Treasury-related trading was approximately $4.8 million, and commodities were approximately $3.3 million.

Data shows that the trading structure on Robinhood Chain has changed significantly recently. On July 26, Meme coin and stock token trading pairs once contributed about 73% of daily trading volume, but by August 25, this had dropped to about 12%, while the share of pure stock token trading rose to about 78%. In addition, Robinhood Crypto added 100 new stock tokens this month, and the number of on-chain stock tokens has now exceeded 190. (cryptopolitan)