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Robinhood News: Chain TVL Hits $536M as Tokenized Stocks Lag Robinhood news showed Chain TVL reaching $536 million
despite mixed RWA data.
Stablecoin supply approached $640 million
as USDe gained market share.
Robinhood stock closed at $96.25 after gaining 0.72% Monday.
Robinhood Chain's decentralized finance deposits climbed above $536 million by Aug. 17, DeFiLlama data showed. Robinhood news followed the rapid growth of stablecoins across the month-old network.
Robinhood stock closed at $96.25, up 0.72% on Monday.
The network's deposit growth strengthened Robinhood's 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.#BTCBreaches69000Up6.43% #UnitreeTechSoars629%OnDebuts #GateEventPointsSystemLaunched #GateStockInsightsChallenge #SKHynixLargestBuybackEver