Long.xyz has seen a surge in on-chain tokenized stock trading volume in the past 24 hours, surpassing $425 million.

BlockBeats News, September 2nd, Robinhood Chain issuance platform Long.xyz announced that in the past 24 hours, the tokenized stock trading volume on the Robinhood Chain has exceeded $425 million. Currently, the stock TVL is close to $12 million, accounting for approximately 20% of the total on-chain stock TVL.

Long.xyz is an emerging issuance platform on the Robinhood Chain, where users can mint Meme tokens and directly pair them with tokenized stocks (such as NVDA, AAPL, TSLA) instead of USDC or ETH to bring trading volume and liquidity to tokenized stocks.