Tenev Embraces Memes to Seed Robinhood Chain Before the RWA Payoff
The post Tenev Embraces Memes to Seed Robinhood Chain Before the RWA Payoff appeared on BitcoinEthereumNews.com. Robinhood CEO Vlad Tenev, just last week on July 2 told CNBC that memecoins were essentially a dead end. In the interview, he stated that assets with no utility aren’t productive and spinning up hundreds of them serves no purpose. He went on to say that the future of crypto is real-world assets moved onchain. Then today, he posted on X that “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” At first glance, this reads like a contradiction. It isn’t. It’s the plan. While we’re building robinhood chain to be the best chain for RWA … it works great for memes too — Vlad Tenev (@vladtenev) July 8, 2026 Robinhood switched on the public mainnet of Robinhood Chain on July 1 during a London livestream called “The World is Flat.” The chain is an Arbitrum Orbit Layer 2, permissionless, and built for tokenized stocks and onchain finance