Robinhood Leads in Number of Tokenized Stock Holders, Trails in Value
Robinhood has become the leading platform for tokenized stocks by number of holders since launching its blockchain on July 1. The company now accounts for nearly half (44%) of all equity token holders with over 328,000 users holding $44 million worth of assets. However, it lags behind competitors like Ondo and xStocks in total value locked—Ondo alone holds $857 million. Despite its lead in user growth, Robinhood's average holder balance is significantly lower than that of institutional-focused platforms such as Securitize, which averages over $4.9 million per holder across just 50 accounts. This disparity highlights the platform’s focus on retail investors rather than large institutions. Meanwhile, meme coins continue to dominate activity and value on Robinhood's blockchain. PONS has surpassed Cash Cat (CASHCAT) as the largest token by market cap with $44.68 million in value.
Tickers: $HOOD
Topics: holder growth meme coins Robinhood Chain tokenized stocks