News linked to both this project and an event.
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.
since the beginning of this week, the on-chain momentum driven by Robinhood Chain has temporarily cooled, mainstream tokens have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain is developed by stablecoin issuer Circle and is an open blockchain network primarily targeting institutional-grade users. The market is divided on whether it will support crypto-native meme coin culture. Platforms such as OpenSea and FOMO have announced that they will support Arc Chain as soon as it goes live. In response to the FOMO launch teaser, Circle co-founder Jeremy Allaire has already responded positively.
Odaily News: Zora co-founder Dee Goens posted on X that he will take over as CEO, while co-founder Jacob is stepping down and leaving Zora after more than 6 years as CEO. Meanwhile, Zora had already undergone layoffs earlier this year, and the team now numbers fewer than 10 people, with further adoption of AI Agents to handle tasks such as Slack workflows, code writing, and incident response.On the product side, Zora has expanded asset issuance to Robinhood and Solana, and supports cross-chain transactions across Robinhood, Solana, and BNB Chain; it also launched Custom Pairs, allowing users to create new tokens paired with tokenized stocks, meme coins, and mainstream crypto assets, with more than 4,000 trading pairs created since launch.He stated that the next phase will focus on implementing the ZORA token buyback and reward mechanism to further align the platform's business with the interests of ZORA holders, while also restarting community incentive distribution, prioritizing mobile product development, and continuing to expand the user base for social trading and on-chain markets.
Zora's incoming CEO, D. Goens (@dg_goens), announced that Zora has implemented several major adjustments this summer: On the product side, the platform has expanded beyond Base to support Robinhood, Solana, and BNB Chain, launching a custom pair creation feature with over 4,000 trading pairs established to support stocks, meme coins, and mainstream assets. On the team side, the company has completed layoffs, shrinking its workforce to fewer than 10 employees, and has deeply integrated AI technology to improve operational efficiency. In terms of leadership, co-founder Jacob stepped down as CEO, succeeded by fellow co-founder D. Goens. The incoming CEO stated that future priorities will include advancing the $ZORA token buyback and holder reward mechanisms, resuming community incentive distributions, accelerating mobile product iterations, and committing to greater transparency in community communications.
Odaily News - Robinhood CEO Vlad Tenev directly addressed AMC's criticism in a recent interview, stating that once a public company's stock begins trading publicly, other financial institutions should have the right to issue related financial products around those stocks without needing prior permission from the stock issuer.Vlad Tenev said that publicly traded stocks are essentially transferable property held by shareholders, and therefore other financial institutions should be able to launch financial products referencing such stocks without obtaining permission from the issuer. He specifically noted that the stock tokens offered by Robinhood are issued by independent entities and backed by the corresponding underlying stocks, so prior consent from the relevant listed companies should not be automatically required.AMC CEO Adam Aron previously criticized Robinhood's tokenization of AMC stock, arguing that the move bypasses the issuing company and disrupts the traditional relationship between the company and its shareholders, noting that token holders do not possess voting rights in the underlying stock. As for how Robinhood intends to exercise the voting rights attached to the underlying stock, Adam Aron said the company has not yet disclosed a specific plan. (CNBC)
Odaily News, Bonk Guy stated on the X platform that he had previously been pessimistic about Solana, even writing an analysis favoring Robinhood and BNB Chain, arguing that Solana would lose significant market share and attention in this cycle. However, his view has recently begun to shift toward a bullish stance on Solana and its ecosystem.Bonk Guy believes that Solana has recently re-embraced the "trench" culture and has started to more actively promote community projects. At the same time, Solana's management proactively reached out to him to understand how to better align with the community and the "trench" ecosystem. Additionally, Solana officials and core members have recently begun to proactively recognize ecosystem projects such as $STONK and $USELESS.These changes are not simply positive for a specific token, but rather reflect a top-down cultural shift within Solana, as well as management's proactive efforts to address issues in the ecosystem. He emphasized that his past criticism of Solana was never about the technology or infrastructure, but rather about the ecosystem culture and the impact of "extractors" on Solana's new projects and users.Bonk Guy also revealed that his originally planned long-form analysis, which was bearish on Solana and bullish on Robinhood and BNB Chain, will first be shared with the Solana team for reference. Due to the recent changes that have made him more optimistic, he may adjust his views and ultimately publish a more balanced analysis.Bonk Guy concluded: "My Solana bias is changing."
According to Chaoshan Research, Bernstein’s September 8, 2026 research report indicates that Robinhood Chain has rapidly become a revenue engine since its launch on July 1, generating approximately $33 million in fees over the past 15 days. This ranks it first among all blockchains, significantly ahead of Solana (approximately $11 million) and BNB Chain (approximately $9 million). Daily transaction fees on the chain range from $2 million to $4 million, with Robinhood retaining approximately 90% of the revenue. Bernstein maintains an "Outperform" rating with a price target of $160, implying approximately 31% upside potential from the current stock price. On the on-chain data front, Total Value Locked stands at approximately $1.5 billion, while cumulative DEX trading volume exceeds $50 billion. The value of tokenized stocks has risen from approximately $10 million to $140 million; stablecoin supply has reached approximately $1 billion, marking a sharp increase from $241 million in early July. Bernstein projects that annual on-chain fee revenue could reach $160 million by 2028.
Odaily News: Well-known trader Bonk Guy stated on platform X that PONS's daily revenue over the past week has mostly ranged from $1.3 million to over $2 million, with no single day in the last 7 days falling below $1.1 million. Meanwhile, PONS's buyback wallet has now accumulated nearly $3 million in funds for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently outpacing the rate of buyback fund consumption.In addition, PONS's market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week. Last Saturday, the number of tokens launched in a single day reached 28,560, and approximately 27,600 tokens were still launched in the past 24 hours. Bonk Guy believes that despite the cooling of Robinhood Chain's overall hype, PONS's market share, token issuance volume, and revenue continue to climb, indicating that its dominance in the on-chain launchpad sector has been further consolidated.
According to official announcements, United Stables (U) has been listed on Binance Alpha 2.0 today, becoming the platform's first exclusive stablecoin trading pair for Robinhood Chain's trending assets. Users can directly settle assets and execute instant swaps via U within Binance Alpha 2.0 without switching interfaces. This listing bridges Binance CEX's high-frequency trading gateway with the asset potential of Robinhood Chain, providing users with a unified and efficient trading experience.
Binance Alpha 2.0 now supports trading, deposits, and withdrawals on Robinhood Chain. Limit orders and instant orders currently support USDT pairs. Additionally, Binance Alpha 2.0 has added tokens such as Cash Cat (CASHCAT), up (UP), Artificial Inu (AI), and Pons (PONS).
According to monitoring by on-chain analyst Yu Jin, in the 70 days since Robinhood Chain launched, total on-chain revenue has reached $42.58 million, equivalent to approximately 17,171 ETH, with an average daily revenue of about $608,000. Robinhood Chain accounts for 90% of the revenue, totaling 15,454 ETH (approximately $38.32 million), while Arbitrum, as the technology provider, receives the remaining 10%, amounting to 1,716 ETH (approximately $4.26 million).
Odaily News: Robinhood has reached an agreement with Crypto.com to further expand its prediction market business. Under the agreement, Robinhood will list event contracts provided by OG.com, Crypto.com's prediction market platform, and will take a minority stake in both Crypto.com and OG.com.Following an investment from Citadel Securities in July this year, OG.com's valuation has reached approximately $5 billion. (WSJ)