Long.xyz surpasses $1 billion in tokenized stock trading on Robinhood Chain

  • Long.xyz reported surpassing $1 billion in tokenized stock trading on Robinhood Chain.
  • $1 billion marked a new milestone for Long.xyz’s tokenized stock trading volume.
  • Robinhood Chain’s TVL grew tenfold, while Long.xyz held 10% of tokenized-stock TVL.

Long.xyz, Robinhood’s Chain token issuance platform, said tokenized stock trading on its network has surpassed $1 billion. Since Robinhood Chain launched, the platform has contributed 15% of total tokenized stock DEX (decentralized exchange) trading volume. Robinhood Chain’s TVL (total value locked) has increased tenfold, while Long.xyz continues to represent 10% of the chain’s total TVL in tokenized stocks.

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