Robinhood's RWA Rodeo: Tokenized Stocks Hit $70M While Wall Watches Vlad

Tokenized real-world assets on Robinhood Chain have grown roughly fivefold in under two weeks to approximately $70 million, according to data cited by Decrypt columnist Tyler Warner. When the network launched on July 1, memecoins dominated onchain activity, but the platform's tokenization franchise has since taken over. A dozen tokenized stocks are now clearing more than $500,000 in daily volume, with five above $1 million. GameStop leads at $26.6 million per day, followed by Nvidia at $14 million and SpaceX at $6.4 million.

The broader chain has scaled alongside the RWA surge. Total value locked has roughly tripled since mid-July to about $312 million, daily DEX volume exceeds $600 million, and the network has logged more than 138 million transactions over the past 30 days, placing it among the most active in crypto. On the tokenization side, more than 100 assets have been tokenized, total RWA value is nearing $25 million, and daily trading volumes have spiked from roughly $5 million to $60 million per day.

The timing coincides with Robinhood's earnings release this week, putting CEO Vlad Tenev on a call with Wall Street analysts. Tenev has publicly promoted the chain, including a "Robinhood Summer is here" post, and tokenization is positioned as the strategic story for shareholders. Ten cows on a dairy farm in Paraná, Brazil, separately became the first livestock collateral formally registered on the country's stock exchange, with the animals tracked by AI-powered sensor collars and valued at R$120,000, or about $23,310.

Elsewhere, crypto majors were slightly red as spot ETF flows weakened. $BTC traded near $65,000 and spot Bitcoin ETFs recorded $225 million in net outflows, ending a streak of consecutive inflows.