The post Robinhood Chain Can Support RWAs and Memecoins, Says CEO Tenev appeared on BitcoinEthereumNews.com.
Robinhood Chain now supports both RWA settlement and memecoin trading activity. Robinhood expanded with tokenized stocks, stablecoin lending, and perpetual futures. Robinhood’s Q1 2026 crypto transaction revenue fell 47% year over year to $134 million. Robinhood Chain is broadening its narrative after renewed memecoin activity drew attention to its network, even as the company continues to position the blockchain around real-world asset (RWA) tokenization. Comments from Robinhood co-founder Vlad Tenev came as the memecoin CASHCAT recorded strong market activity, prompting discussion about whether the chain can support both tokenized financial assets and speculative crypto tokens. Tenev said Robinhood Chain is built to become a leading blockchain for RWAs, but added that it also performs well for memecoins. According to his comments, the network’s infrastructure is capable of su
The post Dimon: JPMorgan Chase to Fight Stablecoin Yield Rules appeared on BitcoinEthereumNews.com.
Jamie Dimon says banks will fight the CLARITY Act language allowing crypto rewards. Section 404 bans passive stablecoin yield but permits activity-based rewards. Lawmakers must decide whether to keep or tighten the CLARITY Act’s stablecoin reward rules. JPMorgan Chase CEO Jamie Dimon has moved Wall Street’s stablecoin fight into a tighter congressional timetable. He warned that banks will oppose Senate language that still leaves room for crypto reward programs. Speaking on Fox Business, Dimon said JPMorgan and other banks would fight the bill’s provisions, even if the industry ultimately loses. The dispute now sits at the center of the CLARITY Act debate before the Senate’s August break. The 2026 Senate calendar lists August 7 as the final in-session day before recess. That leaves lawmakers limited time to settle Stablecoin Yield disagreements and move the bill toward a floor vote. Bank
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings.
Robinhood's embrace of memecoins highlights the tension between speculative trading and the intended institutional focus of blockchain platforms.
The post Robinhood CEO does an about-face on memecoins after CASHCAT goes parabolic on Robinhood Chain appeared first on Crypto Briefing.
The post Lucky Trader Turns $85 Into $2 Million on Robinhood Chain Meme Coin appeared on BitcoinEthereumNews.com.
In brief A meme coin trader bought $85 worth of CashCat on Robinhood Chain in June. It’s now worth more than $2 million. The trader has netted profits of around $585,000 and still maintains $1.6 million worth of CashCat. CashCat has surged to a market cap above $130 million, jumping more than 1,230% in the last 24 hours. A patient meme coin investor turned less than $100 into a small fortune on a new meme coin on Robinhood Chain, the new Ethereum layer-2 network from the brokerage and crypto exchange Robinhood. A user with the Ethereum address beginning in “0xeEE2,” bought 0.05 ETH or around $85 worth of CashCat on June 18, a few weeks before the company formally announced the public launch of its network mainnet. At the time, the purchase was good enough for around 17.4 million CashCat tokens. Just over three weeks later, the dollar amount on paper has ballooned to more
The meme coin CashCat on Robinhood Chain is the latest flavor of the hour, and one trader has turned a mini-investment into a small fortune in less than three weeks.
The post CASHCAT Soars 1,600% Amid Robinhood Memecoin Frenzy appeared on BitcoinEthereumNews.com.
CASHCAT jumped over 1,600% in 24 hours, pushing its market capitalization to $117 million. Whale buying and Ansem wallet speculation fueled demand for the CASHCAT memecoin. Robinhood has not endorsed CASHCAT despite the rally boosting attention around its Layer-2 chain. Robinhood Chain-based memecoin CASHCAT continued its explosive rally on July 8. The token jumped more than 1,650% in 24 hours to trade around $0.112. The surge pushed CASHCAT’s market cap to $117 million, making it one of the day’s best-performing cryptocurrencies. Notably, the public interest in Robinhood’s new Layer-2 blockchain has helped stir the rally. The token’s name references “Cashcat,” Robinhood’s original internal codename from its early years, which adds to its appeal. However, despite the price surge, Robinhood has not endorsed the memecoin. Whale Buy Fuels Ansem Speculation Blockchain analytics platform Look
Pump.fun's integration with Robinhood Chain could redefine cross-chain trading, but its sustainability hinges on converting speculative interest into lasting engagement.
The post Pump.fun routes trades to Robinhood Chain, CASHCAT surges 900% appeared first on Crypto Briefing.
The post Dinari, tZERO target brokerages in push for tokenized stocks appeared on BitcoinEthereumNews.com.
Tokenization specialist Dinari and broker-dealer tZERO are working together to offer broker-dealers a turnkey platform for tokenized U.S. equities, as competition intensifies over how public stocks should move onto blockchain networks. The companies said Wednesday they will combine Dinari’s tokenized stock platform with tZERO’s brokerage, custody, clearing and settlement infrastructure, allowing financial firms to launch blockchain-based equity offerings without assembling the underlying market infrastructure themselves. “Tokenized equities won’t reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities,” Dinari CEO Gabriel Otte said in a statement. The move comes as tokenized equities emerge as the next battleground in real-world assets. After U.S. Treasury funds became the first institutional trend for tokenization, firms are
