Robinhood Chain expands stock-token DeFi use with collateral and trading pools

Robinhood Chain has widened the use of its Stock Tokens in decentralized finance through two updates disclosed around July 19-20. Lighter said users can now post tokenized equities as collateral for positions and other onchain activity, expanding margin collateral options. Separately, Bankr introduced token launches with liquidity pools quoted against Robinhood Stock Tokens such as AAPL and SPY instead of ETH or stablecoins, with its BNKR token debuting in a $50K pool as a proof of concept. Robinhood’s Stock Tokens are ERC-20 tokenized debt securities tied to underlying U.S. stocks and ETFs, offering economic exposure without ownership or voting rights. Robinhood Chain, an Ethereum-based Layer 2 focused on tokenized real-world assets, launched its public mainnet on July 1, supports more than 90 equities and ETFs, integrates Chainlink, and makes the Stock Tokens available in over 120 countries, but not in the U.S.