Robinhood's head of crypto Johann Kerbrat explains that the new Ethereum layer-2 network balances serious financial products like tokenized stocks with meme coins to attract diverse users and drive adoption.
Le memecoin CASHCAT grimpe de 120 % en une semaine sur Robinhood Chain, atteignant 86 millions de dollars de capitalisation. En parallèle, la valeur totale immobilisée sur le réseau atteint 774 millions de dollars, portée par les applications financières et les actifs réels.
Robinhood CEO Vlad Tenev's X account was briefly compromised by attackers who used it to promote a fraudulent meme coin called Vladhood. The company secured the account, noting this incident is part of a trend of high-profile social media hacks for crypto scams, which also affect Robinhood's own Ethereum layer-2 network.
Robinhood Chain, 1 Temmuz'da ana ağını başlattıktan sonra 430 milyon doları aşan kilitli varlık değeri ve 400 milyon dolarlık sabit coin değeriyle hızlı bir büyüme kaydetti. FalconX raporuna göre ağ, günlük 6 milyon işlem ve 250 binden fazla aktif kullanıcıya sahip, ancak meme coin'lerin etkisi ve RWA hedefleri büyümenin sürdürülebilirliği açısından önemli.
Arcus, a decentralized exchange backed by Robinhood Crypto, has launched tokenized stocks and perpetual futures on Robinhood Chain, offering over 95 stock tokens and derivatives. The platform uses a self-custodial model, but its stock tokens are unavailable in the US, Canada, and the UK due to ongoing regulatory questions.
Bernstein analysts raised Robinhood's (HOOD) price target to $160, maintaining an Outperform rating, based on their view that tokenized equities and prediction markets, rather than traditional crypto, will drive its next growth phase. They project significant revenue growth from prediction markets and see tokenized real-world assets as a major long-term opportunity, with other financial institutions also expanding tokenization infrastructure.
Roobinhood Chain'deki CashCat (CASHCAT) kripto parası, bir yatırımcının 1.6 ETH ile yaptığı alım sonrası 950 kat karla 2.8 milyon dolarlık satış yapmasının ardından son 24 saatte %35'ten fazla düşüş yaşadı. Bu durum, 'içeriden bilgi' iddialarını gündeme getirdi.
Robinhood Chain's launch has boosted Ethereum's price and investor sentiment, with significant ETH bridged to the network. Meanwhile, UK politicians are considering a permanent ban on crypto donations following the Nigel Farage scandal, and the US faces internal debate over control of its proposed Bitcoin reserve.
Robinhood has launched its Ethereum layer-2 blockchain, Robinhood Chain, built with Arbitrum technology. The network supports tokenized real-world assets like stocks and ETFs, and integrates with DeFi applications, aiming to expand financial ownership globally.
Robinhood Chain, launched just a week ago, has rapidly become a top blockchain by processing $568 million in trading volume on Wednesday and over $350 million by Thursday. Fueled by memecoins like Cash Cat, the Arbitrum-powered network saw millions of transactions and hundreds of thousands of active addresses, with significant gains for related tokens and Arbitrum's ARB.
Robinhood Chain's new mainnet has seen significant retail activity, primarily driven by the memecoin CASHCAT, which reached a $150 million market cap. The chain's open architecture allowed CASHCAT to gain traction on external DEXs, bypassing Robinhood's app-listing process.
A trader invested $85 in CashCat, a meme coin on Robinhood Chain, in June. The investment has since grown to over $2 million, with the trader realizing $585,000 in profits and holding $1.6 million worth of tokens. CashCat's market cap has surged over 1,230% in 24 hours.
Vanguard, a major asset manager, is hiring a Head of Digital Assets, signaling a shift in its crypto stance. Zcash's price jumped 10% on progress with its Tachyon Upgrade, addressing counterfeiting concerns. Crypto markets saw a general decline of 2-5% following US strikes on Iran and the end of a ceasefire.
Robinhood Chain üzerinde piyasaya sürülen Cashcat adlı meme coin, 24 saat içinde %1600'den fazla değer kazanarak 110 milyon dolar piyasa değerine ulaştı. CEO Vlad Tenev, zincirin RWA'lar kadar meme coin'ler için de iyi bir platform olacağını belirtti.
Robinhood launched its own Ethereum layer-2 blockchain, tokenized stocks, and decentralized lending products, expanding its global crypto infrastructure. This comes as its prediction market revenue, particularly from event contracts, shows potential to surpass crypto transaction revenue.
Robinhood lance Robinhood Chain, un Layer 2 d'Ethereum basé sur Arbitrum, et une nouvelle génération de Stock Tokens utilisables en DeFi. L'objectif est de rapprocher marchés traditionnels et crypto.
The dYdX decentralized exchange (DEX) has been rebranded as Arcus and launched on Robinhood's new Arbitrum-based layer 2 blockchain, Robinhood Chain. Arcus will offer tokenized stock and perpetual trading, aiming to reduce market access barriers for traders.
Robinhood has launched the public mainnet of Robinhood Chain, an "AI-native" Ethereum layer-2 network. The Arbitrum-powered network aims to bridge traditional finance and DeFi, starting with Stock Tokens and supporting AI agent trading. Shares rose over 8% on the news.
