Robinhood's newly launched blockchain has swiftly positioned itself as one of the top five networks based on DEX volume, indicating a robust initial interest in its platform for tokenized assets, according to the broker.
By Will Canny, AI Boost|Edited by Stephen Alpher Jul 13, 2026, 12:49 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Robinhood's CEO Vlad Tenev speaks at Token2049. (Token2049)SummaryShow- Robinhood Chain achieved a DEX volume of $3.1 billion in the last week, placing it among the top five chains, as noted by Bernstein.
- Over 65,000 users currently possess about $13 million in tokenized stocks and $300 million in stablecoins on the platform.
- Bernstein stated that the launch bolsters Robinhood's initiative to broaden the availability of tokenized equities and other real-world assets via DeFi.
Robinhood's (HOOD) blockchain has made a significant impact since its launch, quickly becoming a leading network for decentralized trading and reinforcing the broker's plans to broaden its offerings of tokenized financial products, as reported by Wall Street broker Bernstein in a recent analysis.
Since the mainnet went live on July 1, Robinhood Chain has recorded $3.1 billion in trading volume on decentralized exchanges over the past week, ranking it among the top five chains for DEX activity, according to Bernstein. The platform currently has more than 65,000 users holding approximately $13 million in tokenized stocks and $300 million in stablecoins.
Analysts led by Gautam Chhugani remarked, "The strong initial uptake underscores the increasing integration of tokenized real-world assets with the larger DeFi landscape, as industry players continue to innovate across various business models for regulated asset tokenization."
Robinhood introduced the public mainnet of Robinhood Chain on July 1, which is an Ethereum layer-2 blockchain built on Arbitrum, aimed at facilitating tokenized real-world assets and decentralized finance.
This network supports the firm's tokenized stock offerings, allowing for 24/7 trading, self-custody, and on-chain functionalities like lending and collateral, while also enabling integrations with decentralized applications and liquidity providers.
The new blockchain enhances the company's cryptocurrency portfolio by merging tokenized equities, decentralized lending, and perpetual futures on an Arbitrum-based Ethereum layer-2 network, according to the analysts.
While the early trading activity has been largely driven by memecoins, Bernstein anticipates that Robinhood will increasingly emphasize tokenized real-world assets, including stocks and commodities, in addition to perpetual futures.
The report also pointed out that Robinhood's collaborations with partners such as Uniswap, Morpho, Lighter, Chainlink, and BitGo are crucial for enhancing liquidity and the utility of tokenized assets.
This launch aligns with the trend of tokenized real-world assets outperforming the wider cryptocurrency market. The sector has expanded to over $51 billion, reflecting a 50% increase year-to-date, while tokenized equities have surged approximately 170% this year to reach $1.9 billion, highlighting a rising investor interest in regulated asset tokenization, as noted in the report.
Bernstein maintains an outperform rating for Robinhood stock, setting a price target of $130. Early trading on Monday saw the shares dip by 0.6%, trading at $111.35.
Read more: Robinhood rolls out public blockchain as it expands deeper into crypto
RobinhoodDEXBernsteinAI Disclaimer: Portions of this article were created with the help of AI tools and reviewed by our editorial team to ensure precision and compliance with our standards. For further details, see CoinDesk's full AI Policy.Latest Crypto News- 1Michael Saylor’s Strategy added $467 million in cash, made no changes to bitcoin holdings53 minutes ago
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
By CoinDesk Research2 hours agoCEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
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