Robinhood Chain RWA Daily Trading Volume Hits New High of $85.1 Million, Tokenized Stocks Contribute $66.6 Million

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 contributed roughly $10.4 million, ETF and U.S. Treasury-related trading around $4.8 million, and commodities approximately $3.3 million.

Data shows that Robinhood Chain's trading structure has seen notable shifts recently. On July 26, Meme coin and stock token trading pairs accounted for about 73% of daily trading volume at one point, but by August 25, this share had dropped to roughly 12%, while pure stock token trading's share rose to about 78%. Additionally, Robinhood Crypto added 100 new stock tokens this month, bringing the total number of on-chain stock tokens to over 190. (cryptopolitan)