Robinhood Leads Tokenized Stocks by Holders but Not by Money
Robinhood now leads each tokenized inventory platform by holder depend, 4 weeks after launching its personal blockchain.
Nonetheless, meme cash, not equities, nonetheless dominate the Robinhood Chain. Pons (PONS) has overtaken Cash Cat (CASHCAT) because the community’s largest token by market cap.
Robinhood Wins the Holders and Trails on Value
Tokenized fairness holders crossed 752,000 in late July, up 92% over 30 days, based on DWF Labs. Robinhood drove most of that growth.
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The platform reached 328,000 holders after launching on July 1, giving it a 44% share. However, the rating doesn’t maintain in terms of worth. Its tokenized inventory worth sits at $44 million.
By comparability, Ondo holds $857 million and xStocks $487 million. The hole widens per holder. Robinhood averages $134, whereas Securitize averages $4.9 million throughout simply 50 holders. That unfold displays who every platform really serves.
“There’s a transparent cut up in holder base throughout issuers. Securitize and Figure lean institutional. Robinhood in the direction of retail. xStocks and Ondo have a mixture of each by way of strategic integrations and partnerships,” DWF Labs stated.
Meme Coins Still Dominate Robinhood Chain Activity
Tokenized shares are successful holders, whereas meme coins are winning worth. PONS leads the community with a $44.68 million market cap and $11.4 million in 24-hour quantity, based on Dune knowledge.
CASHCAT follows at $39.90 million. The token topped $200 million on July 11, when it ranked because the largest asset on the chain.
TENDIES sits third at $11.17 million. The 10 largest tokens maintain roughly $123 million in mixed worth, almost triple the full worth of tokenized shares.
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