Topic
tokenized-stocks
4 stories
Tokenized stocks on Robinhood Chain grow fivefold to ~$70M — but still under a tenth of the chain's trading
Tokenized real-world assets on Robinhood Chain rose to about $70 million, roughly fivefold in under two weeks, though memecoins and stablecoins still account for most of the network's near-$600 million daily volume.
An "Intel" token goes live on Solana — issued by Backpack Securities, not Intel
A tokenized version of Intel stock, $INTC, went live on Solana on July 21, issued by Backpack Securities through a service called Sunrise and routed to major Solana trading apps — with no sign the chipmaker itself is involved.
A "$HOOD" token for Robinhood shows up on Solana — announced by Solana itself, with most of the details missing
Solana's official account says a "$HOOD" token tracking Robinhood, issued by Backpack Securities via a system called Sunrise, is now trading across Solana apps — but the announcement omits price, backing and Robinhood's own role.
Stock perps now make up nearly half of Hyperliquid's trading volume, The Block reports
Perpetual futures tracking stocks like Nvidia and Tesla have grown from roughly 2% to nearly 50% of Hyperliquid's daily perp volume this year, according to The Block, with builder-deployed HIP-3 markets driving the shift.