The team has seeded the $SPY reserve with over $100,000 making the $USA treasury the largest non smart contract holder of S&P500 on chain!
$USA is now the asset with the highest RWA backing on Robinhood chain and liquidity to market cap ratio!
“if you hold a meme coin, you just get stock tokens airdropped to you”
@vladtenev said this on a podcast that dropped 3 hours ago.
he was describing what builders are already doing on robinhood chain:
• creating unique pools robinhood “didn’t even think would exist”
• connecting meme coins, core crypto assets and stock tokens
• turning tokenized stocks into a new reward layer
• building products robinhood “probably wouldn’t have thought of” themselves
that’s the part people are missing imo.
@RobinhoodCrypto isn’t just about putting stocks onchain. it’s becoming a developer playground where memes, crypto and tokenized equities can get composed into completely new products.
which coins do you know that actually fit this description?
The team has seeded the $SPY reserve with over $100,000 making the $USA treasury the largest non smart contract holder of S&P500 on chain!
$USA is now the asset with the highest RWA backing on Robinhood chain and liquidity to market cap ratio!
$cashcat the obvious hold
$tendies massively undervalued meme
$ai has motion and $90k Nvidia backing
$net ohm fork with gambling revenue
$hmm cat meme
$usa $100k S&P500 backing (400k mc)
I have the mental capacity for like 4-5 more coins. What am I missing?