BlockBeats News, September 1st, according to an official announcement, Robinhood's chain issuance platform Long.xyz launched the LongX Expansion. The new feature wraps the 3x leveraged NVDA position on Lighter into an ERC20 token, supporting minting/redeeming, DEX pool trading, and liquidity pairing, with trading fees being sent back to the AI token.
Currently, this feature is in a controlled testing phase, and the team stated that they will "actively monitor today's market stability. Depending on the results, full pairing mode may be opened up, allowing anyone to pair with the NVDA 3x ERC20 token."
Long.xyz has recently become another hot protocol beyond Pons. The meme coin Artificial Inu (AI) issued through this platform recently surpassed $160 million, and Boner, which went online for 3 days, quickly reached a market cap of $70 million.
BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized stocks: Meme coins no longer pair with USDT or ETH but directly form trading pairs with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.), preserving the speculative nature and community-driven hype of meme coins while leveraging the popularity and narrative of real stocks. Transaction fees often partially flow back to the community treasury to accumulate the corresponding stock tokens, forming a dual-drive model of "emotional hype + real asset anchoring."

