Tokenized Nvidia found its first real market: memecoin collateral

1 hour ago 1



A decade of tokenized equity pitches promised global access to American stocks. The use case that finally moved volume is pairing them against memecoins on a brokerage’s own chain, and it just pushed Robinhood Chain past Solana in tokenized stock trading. Nobody planned this. Summary Since mid-July, launch platforms Bankr and long.xyz have let users issue memecoins backed by tokenized stock liquidity across more than 90 tickers on Robinhood Chain. DEX Screener now shows memecoins trading against tokenized NVDA, TSLA, INTC, RBLX, and SPCX among the chain’s top 100 pools. That mechanism has pushed Robinhood Chain past Solana in tokenized stock volume, against Ondo’s multichain stock tokens averaging roughly $24.9 million. Tokenized stocks remain a sliver of the chain itself, which cleared roughly $444 million in daily decentralized exchange volume against $332.7 million in total value locked, with most of it in memecoins. Pons has announced V2 support for tokenized quote assets including NVDA, AAPL, and HOOD, but its contracts were still in audit with two partners as of late July and every feature remains subject to change until deployment. Tokenized equities have been pitched for ro...

Read Entire Article