The post RWA Crypto is Growing Fast, Says Robinhood CEO appeared on BitcoinEthereumNews.com.
Key Insights: RWA crypto market has grown approx fourfold, but Citi’s $5.5 trillion forecast requires 170x more growth. Robinhood’s Stock Tokens and Chain launch show that the thesis is not just on paper. In a CNBC interview on July 3, Robinhood CEO Vlad Tenev discussed the future path of the crypto ecosystem. He said real-world asset tokenization, which brings traditional financial assets onto blockchain rails, is crypto’s true foundation rather than memecoins or speculation. Tenev said, “If an asset is not tied to an underlying utility, it’s not a productive asset. What’s the benefit of making a million different memecoins?” He was talking about real plans. These comments arrived one day after Robinhood launched Stock Tokens. This service allows users in more than 120 countries to trade tokenized equities. Moreover, Robinhood Chain, the company’s Ethereum Layer 2 network built on Arbitrum, we
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 Pump.fun Adds Trading for Robinhood Chain Tokens as CASHCAT Meme Coin Frenzy Builds appeared on BitcoinEthereumNews.com.
The Solana launchpad says its app now routes “crosschain” trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company’s new blockchain “great for memes too.” Pump.fun said Wednesday it added support for trading tokens tied to Robinhood’s blockchain, a move that comes as a memecoin modeled on the brokerage’s old mascot has posted quadruple-digit percentage gains on the week-old network. “Robinhood tokens are now available to trade on the Pumpfun app!” the Solana-based launchpad wrote on X, citing “no bridging,” trading “seamlessly in SOL,” and the ability to “trade every trending Robinhood token.” Pump.fun co-founder Alon Cohen, who posts as @a1lon9, followed up 11 minutes later, framing the addition as an extension of the app’s existing multichain trading tool rather than a standalone feature. “It’s only right that the
The Solana launchpad says its app now routes "crosschain" trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company's new blockchain "great for memes too."
The post Shiba Inu Price Prediction: Can Robinhood’s 109M SHIB Burn Break the Triangle Before It Breaks Down appeared on BitcoinEthereumNews.com.
Robinhood burned over 109 million SHIB in one transaction, the largest single burn in recent weeks The 24-hour SHIB burn rate jumped 3,096% with the 7-day rate up 680% SHIB is compressing inside a descending triangle with all EMAs above price Shiba Inu trades at $0.00000429 on July 8, down 2.05%, as an unprecedented Robinhood-driven burn spike hits the blockchain while the chart shows price trapped inside a tightening triangle. Is SHIB Approaching A Breakout Or Breakdown From Its Triangle? SHIB 1D Price Action (Source: TradingView) The daily chart shows SHIB inside a descending triangle that has been forming since May, with lower highs pressing against a flat support line near $0.0000040-$0.0000042. The Bollinger Bands have tightened sharply, with the upper band at $0.00000475 and the lower band at $0.00000404, one of the most compressed read
The post Robinhood Earn + Morpho: Can 7% USDG Boost HOOD? appeared on BitcoinEthereumNews.com.
Robinhood just turned on its own blockchain and a new on-chain yield product, and the market noticed. The pitch is simple: park USDG, see roughly 7 percent APY, all without leaving the app. The question everyone is asking is less simple. Does this move the stock or just make good headlines? On July 1, Robinhood launched Robinhood Chain and introduced Robinhood Earn, a decentralized lending product with an estimated ~7 percent APY on USDG deposits according to company statements and reporting by CoinDesk. The engine under the hood is Morpho, a major DeFi lending protocol, with a curated vault designed by Steakhouse Financial, per Morpho’s announcement on launch day Morpho (official blog / press release). USDG, the stablecoin from Paxos’s Global Dollar Network, is now live on Robinhood Chain and set as the default asset for Earn flows, as the issuer confirmed in its own release Global Dollar Ne
The post Lido Price Surge Boosted by Robinhood and Anchorage appeared on BitcoinEthereumNews.com.
Something unusual happened to Lido’s LDO token on July 8, 2026. While Bitcoin slipped 0.78% and Ethereum edged down 0.96%, LDO posted a 16.79% gain in a single 24-hour window, climbing to $0.3269. The Lido price surge didn’t come from speculation alone — it came from two structural moves that fundamentally expand who can access liquid staking, and how. Key takeaways LDO surged 16.79% to $0.3269 on July 8, 2026, with 24-hour trading volume exploding 202.62% to $117.88 million. Lido enabled wstETH transfers directly to Robinhood, opening liquid staking rewards to mainstream retail investors. A partnership with Anchorage Digital — a federally chartered US crypto bank valued at $4.2 billion — lets institutional clients mint and redeem wstETH inside a regulated custody environment. Lido secured Web3SOC certification, a compliance milestone that signals readiness for risk-averse institutional ca
The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com.
SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape
