RWA

A real-world asset (RWA) is an offchain asset — an equity, bond, fund, or commodity — represented as a token onchain. Robinhood Chain is an RWA-oriented chain: its Stock Tokens are tokenised equities, and prediction and structured venues extend the theme. Active RWA market cap on the chain was small early on (around $13m), so the RWA story is more thesis than volume in the launch weeks.