1/ In its first two months, @RobinhoodApp Chain became the fastest blockchain to reach 100M transactions and has now hit 500M+.
It’s just one example of how broker-dealers are moving onchain.
superstate.com/newsroom/why-b…
Private credit has evolved. Meet VBDC.
@ValinorDigital's VBDC is now onchain. Same private credit exposure, now open to qualified investors with daily liquidity.
Learn more: superstate.com/newsroom/valin…
A share should still be a share, even onchain.
@pattersonscott and @olgakharif at @Bloomberg break down the flavors of "tokenized stock" out there now.
Superstate partners with issuers, tokenizes real shares, and keeps all shareholder rights intact.
FWDI leads all tokenized stocks in onchain deposits at $20M, all of it sitting in Superstate's @kamino market.
On Kamino, holders can borrow USDC against FWDI (@FWDind) and put it to work.
Onchain shares can do more than trade.
Explore the market: kamino.com/borrow/?market…
$230.1M worth of tokenized stocks is now deposited into DeFi venues
FWDI leads at $20.7M, followed by SPYx at $19.4M, SPY at $14.8M, NVDA at $14.7M & STRCX at $14.3M
Productive use turns tokenized assets into new business
This is a Napster moment for stocks.
Breaking the old model is easy. Building what replaces it is hard, and that's what native tokenization is: not a wrapper for the old system, but its replacement.
More from @jeffjohnroberts at @FortuneMagazine: