Robinhood is having a monster day.
$HOOD surged 13% as Robinhood Chain smashed its previous records, generating approximately $4 million in onchain revenue on September 2—more than any other blockchain that day. Its ambition is to bring stocks, ETFs, private assets and other real-world assets onchain—enabling 24/7 trading, self-custody, lending and integration with decentralized finance. Morgan Stanley just upgraded $HOOD to Overweight with a $150 price target, while Scotiabank initiated coverage with a Sector Outperform rating. Robinhood is increasingly evolving from a retail brokerage into a vertically integrated onchain financial infrastructure platform. If Robinhood Chain succeeds in moving meaningful volumes of equities, ETFs and private assets onchain, $HOOD could capture economics across trading, tokenization, custody, lending and settlement. $HOOD offers one of the clearest public-equity plays on the convergence of traditional finance, tokenization and crypto infrastructure.
$HOOD surged 13% as Robinhood Chain smashed its previous records, generating approximately $4 million in onchain revenue on September 2—more than any other blockchain that day. Its ambition is to bring stocks, ETFs, private assets and other real-world assets onchain—enabling 24/7 trading, self-custody, lending and integration with decentralized finance. Morgan Stanley just upgraded $HOOD to Overweight with a $150 price target, while Scotiabank initiated coverage with a Sector Outperform rating. Robinhood is increasingly evolving from a retail brokerage into a vertically integrated onchain financial infrastructure platform. If Robinhood Chain succeeds in moving meaningful volumes of equities, ETFs and private assets onchain, $HOOD could capture economics across trading, tokenization, custody, lending and settlement. $HOOD offers one of the clearest public-equity plays on the convergence of traditional finance, tokenization and crypto infrastructure.
