Robinhood Markets (NASDAQ: HOOD) is arguably the most important player in crypto. It’s all thanks to its newly launched blockchain, the Robinhood Chain, which now rivals some of the largest blockchains in several key areas, specifically in its sums and trading volume of tokenized stocks.
One of the incumbents in that space, Binance, is the crypto exchange behind the BNB Chain and its BNB (CRYPTO: BNB) coin. A Binance Research report found that BNB Chain and Robinhood Chain together handled around 88.2% of tokenized stock trading on decentralized exchanges in early September, up from just 2.3% in June.
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