CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked
CoinDesk·
60-second summary
CASHCAT is surging 120% in a week, recovering to an $86 million market capitalization. As Robinhood Chain's value locked reaches $774 million, tokenized assets on the platform have grown to $27.6 million. This uptick in activity suggests growing adoption and interest in the chain's tokenized asset offerings, potentially driving further growth in the decentralized finance (DeFi) space.
The memecoin that defined the chain's debut has recovered to an $86 million cap. Tokenized assets, the chain's stated purpose, sit at $27.6 million.