The tokenized equities race is shifting. Just a month ago, Solana led in tokenized equities spot volume. @RobinhoodCrypto's Robinhood Chain has overtaken it to become the largest chain by tokenized equities spot volume. The play is clever. On July 20, @bankrbot let anyone launch a memecoin paired against a tokenized stock instead of a stablecoin. 90+ tickers are supported: $NVDA, $TSLA, $AAPL, $SPY, and more. @0xDeployer kicked it off with $REAL/$NVDA, making $5.6M in volume on day one. @longdotxyz had already launched $AI and $SPACEHOOD paired with stock tokens days earlier, but Bankr brought the idea into the spotlight. NVDA/USDG volume jumped from under $500K to $4.5M in a day. Because the quote asset is the stock token, every swap routes through $NVDA and counts as tokenized equity spot volume. That's also why $GME, not $AAPL, is the chain's most traded tokenized equity at $26.6M/day. Robinhood didn't simply list and ask people to trade tokenized equities. It made them the liquidity layer for crypto speculation. That's a brilliant distribution hack.