Robinhood Adds Eight Stock and ETF Tokens to Its Blockchain
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Robinhood has expanded its blockchain’s token lineup with eight stock and ETF tokens, according to The Defiant.
Robinhood has added eight tokens linked to stocks and exchange-traded funds to its blockchain, The Defiant reported.
DefiLlama data cited in the report puts the value of real-world assets deployed in decentralized finance on the network at $246.7 million.
Stock tokens on the network already have uses beyond trading, including serving as collateral for borrowing. The latest additions expand the available token lineup.
Source: The Defiant
