Robinhood Markets (NASDAQ:HOOD) has launched the public mainnet of Robinhood Chain, a layer-2 blockchain designed for real-world assets, tokenized stocks and on-chain finance.
Robinhood Chain For Memes Too
Robinhood Chain was built primarily for real-world assets, but its first burst of traction appears to be coming from meme coin speculation.
CEO and co-founder Vlad Tenev quoted in an X post on July 8, "While we’re building Robinhood chain to be the best chain for RWA … it works great for memes too."
In a podcast on July 8, content creator Dan Fuentes highlighted that CashCat has emerged as the first major meme coin on Robinhood Chain, rallying more than 1,700% in 24 hours.
