News linked to both this project and an event.
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
Robinhood Crypto officially posted on X platform stating that the USDG Vault under SteakhouseFi, which powers Robinhood Earn, is currently the largest vault on Morpho by deposit size, with deposits exceeding $456 million.
Odaily News: Johann Kerbrat, Head of Crypto at Robinhood, posted on X platform that all Robinhood stock tokens are 1:1 backed by securely custodied real shares, and corresponding real shares of the company are purchased simultaneously when tokens are minted. Stock tokens provide economic rights equivalent to dividends and corporate action returns, with related returns reinvested into holdings.Johann Kerbrat stated that physical redemption and voting rights are not yet available, and Robinhood is working to enable 1:1 share redemption and voting functionality for eligible stock token holders. These tokens are composable, allowing developers to build new products on top of them.Additionally, he emphasized that stock tokens are not available to U.S. users and are also restricted in other jurisdictions such as Canada, the United Kingdom, and Switzerland.
Odaily News: Robinhood co-founder and CEO Vlad Tenev stated that Robinhood stock tokens will soon support physical redemption and voting features.
Odaily reports: Regarding the recent ecosystem-level interactions between Binance and Robinhood, Spigg, a member of the BNB Chain ecosystem, pointed out that Binance Wallet has integrated Robinhood Chain, PancakeSwap has completed its deployment on Robinhood Chain, and Binance Futures has also listed Robinhood Chain tokens; meanwhile, Robinhood has reciprocally listed BNB. Although the two are "competitors," they are still opening their ecosystems to each other.In response, Binance co-founder CZ posted on X, saying: "The BNB ecosystem is open." He also joked that some ecosystems claim to champion "decentralization" but actually operate like a highly closed "garden."
Robinhood recently tokenized stocks such as AMC, drawing public criticism from AMC's CEO, but this model can lower the cost and barriers for global investors trading U.S. stocks. Blockchain-driven stock tokenization is reshaping the U.S. stock brokerage industry, and its impact may be similar to Napster's disruption of the music industry 25 years ago. Analysts note that tokenized stocks still face issues such as voting rights, custody of the underlying shares, and whether token assets are fully backed, but regulators have begun advancing related frameworks. Nasdaq recently invested $100 million in blockchain finance company Payward, and the trend of putting stocks on-chain is accelerating, making it difficult for threats or lawsuits to block this technological development in the long term. (Fortune)
According to the official announcement, HTX will launch AINVDA/USDT spot trading and grid trading at 20:00 (UTC+8) on September 14. AINVDA deposits are now open, and withdrawals will open at 20:00 on September 16. It is reported that Artificial Inu is a tokenized stock Meme coin paired with NVDA on the Robinhood chain. Each transaction increases the Vault size, and transaction fees will be permanently locked or burned.
Odaily News: The Meme coin STRATEGY is valued at approximately $7.2 million on Robinhood Chain, with its main liquidity pool paired against tokenized MSTR stock. The token launched on September 4 and is not an equity certificate for Strategy stock.As of September 14, STRATEGY was priced at approximately $0.0078, with liquidity of about $808,600 and 24-hour trading volume of about $691,000. Supporters claim that the value of MSTR Stock Tokens in the pool exceeded $362,000 within 10 days. (Bitcoin.com News)
in response to community skepticism, Arc ecosystem Launchpad Long posted on X platform stating that the stock tokens issued by Long are backed 1:1 by real stocks held on Robinhood. The relevant asset backing can be verified through on-chain bridge vaults, and 1:1 redemption is available between Robinhood Chain and Arc.It stated that Arc native USDC currently has approximately a 2x premium due to the cross-chain bridge not yet being open, causing stock tokens denominated in it to show prices lower than the underlying stock market prices. With the Arc public mainnet and native USDC cross-chain bridge opening on September 16, the premium is expected to gradually return to normal. At that time, Long also plans to provide deep liquidity for the CRCL/USDC trading pair, and launch a stock rewards model, Launchpad native USDC support, and more stock issuers.Previously—hilariously—Arc mainnet will launch on September 16. BonkGuy posted today stating that it has recently begun short-term positioning in Arc, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on the platform. Subsequently, crypto KOL 0xShawn stated that the long.supply platform is a platform that has rug permissions at any time.
Odaily reports: Bonk Guy posted on X platform stating that over the past few weeks, multiple developers associated with the Arc ecosystem have proactively reached out to him, hoping to attract Meme coin traders during the network's early launch phase. He believes that the Arc team has recognized that Meme coin trading is one of the ways for a new chain to rapidly boost on-chain activity, and may be borrowing Robinhood Chain's previous ecosystem cold-start playbook.BonkGuy stated that he had not previously paid much attention to Arc, but has recently begun making short-term positioning moves, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on that platform. However, he emphasized that his positioning in Arc is merely a short-term high-risk attempt and has not changed his long-term view that on-chain trading activity on Robinhood Chain, BNB Chain, and Solana is more promising.Previous reports indicate that the Arc mainnet will launch on September 16.
AMC Entertainment CEO Adam Aron again questioned the issuance of Robinhood’s stock token and its underlying share backing mechanism, posing questions to Robinhood management regarding issuance via a Jersey entity, 1:1 share backing, and share lending practices.
Odaily News: AMC CEO Adam Aron has once again lashed out at Robinhood's stock token business, raising multiple questions directed at Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher. Aron stated that stock tokens go against the fundamental concept of stock ownership, and questioned why Robinhood continues to heavily promote stock tokens on its U.S. website when it cannot offer such products to U.S. users.Aron also questioned whether stock tokens could lead buyers to mistakenly believe they can obtain the same rights as actual shareholders, as well as the 1:1 stock backing mechanism: if some of the underlying real shares used to back stock tokens are simultaneously lent out to short sellers, can the related tokens still be considered truly 1:1 backed. Aron also criticized Robinhood for conducting the related business through a Jersey entity, and said that while stock tokens may represent innovation in Robinhood's view, in his view they "only bring shame to Robinhood."
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
Odaily News: Robinhood co-founder Vlad Tenev published a long-form article this morning outlining Robinhood's vision of enabling global investors (especially non-U.S. users) to gain exposure to U.S. stocks and ETFs through blockchain, and focused on the question of whether issuers need to consent to their stocks being tokenized.Vlad Tenev argues that publicly traded company shares are freely transferable personal property, and owners should have the right to decide how to hold and use them. The company that issues the stock controls the rights attached to the securities it issues, but it does not control all third-party financial products built around those securities, and there is already precedent for this in financial markets: unsponsored ADRs, options, and structured products. Therefore, if a product changes the rights of the underlying shares, replaces the company's official shareholder register, or imposes new obligations on the company/transfer agent, then issuer involvement is required. If it merely creates an independent financial instrument that holds or references freely transferable shares on a 1:1 basis, without changing the issuer's rights, obligations, or authoritative shareholder records, then issuer consent is not required.Robinhood adopts a model of third-party issuance of independent instruments backed 1:1 by underlying shares. Putting stocks on-chain should not grant issuers veto rights they did not previously have, nor should it prevent new investors from entering simply because issuers do not understand new technology.Last week, AMC's CEO criticized the "synthetic equity market" established by Robinhood as potentially decoupling stock token trading from listed companies' financing arrangements, and demanded that Vlad Tenev and Robinhood voluntarily stop AMC stock token trading. The related debate sparked heated discussion in both the crypto and stock communities.
Odaily News: In response to the discussion about "why Coinbase would consider Jesse Pollak its onchain savior," Cobie said that although he does not agree with all of Jesse Pollak's views, he believes this assessment is well deserved.Cobie pointed out that Jesse Pollak drove Base's launch from scratch, and argued that Base arguably pioneered the trend of enterprises building their own chains that later followed from companies such as Stripe and Robinhood. Base's development predated the 2023 Solana meme coin wave, and Jesse Pollak kept pushing the project forward through the bear market after the FTX collapse until it launched.Cobie also said that Jesse Pollak has indeed made some mistakes over the past year, but what deserves respect is that even after facing long-term criticism from Crypto Twitter, he still keeps showing up and putting in the work every day.
community users have discovered that Robinhood previously listed an asset named "INDEX," but the development team appears to have confused it with another token, "Index Cooperative." A comparison of the "Index Cooperative" price charts within the Robinhood app and on CoinGecko reveals that the two trends do not align, while the chart within the Robinhood app perfectly matches the INDEX token's recent all-time high and current price movement.
According to GMGN data, potentially influenced by the listing of INDEX on Robinhood Crypto, INDEX's market capitalization briefly surged to $49.12 million and is currently reported at $40.27 million, with a 24-hour gain of 20%.
According to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.
According to the official page, Robinhood has listed JUGGERNAUT and FRONG.
According to The Block, Anchorage Digital has added support for Robinhood Chain, enabling institutional investors to custody tokens, tokenized debt securities, and real-world assets issued on the layer-2 network through this federally chartered crypto bank.