Tokenized RoboStrategy stock outtrades its own Nasdaq listing on Solana over a weekend

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Tokenized RoboStrategy stock outtrades its own Nasdaq listing on Solana over a weekend
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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A tokenized version of RoboStrategy (Nasdaq: BOT) recorded more trading volume on Solana over a single Sunday than the stock itself did during the next Nasdaq session. The gap adds to Solana’s lead in tokenized real-world assets, where it now counts the most holders of any blockchain.

A tokenized stock traded more on Solana over a weekend than its own listing managed during a full Nasdaq day. RoboStrategy (Nasdaq: BOT), a closed-end fund focused on private robotics and physical AI companies, recorded more trading volume on Solana on a Sunday than on the Nasdaq the following business day, according to data Solana shared on X.

A Sunday that outpaced a Monday

BOT normally trades only during standard U.S. market hours, Monday through Friday. A tokenized version of the stock, however, trades on Solana around the clock, weekends included.

On Sunday, July 12, that onchain version of BOT recorded $12.86 million in trading volume on Solana. The next day, with Nasdaq open, BOT did $9.8 million in volume. The tokenized stock therefore moved more money on a day traditional markets were closed than the listed shares did across a full session.

Solana’s post also noted that 68.5% of that Sunday volume came from registered Frontier Traders, suggesting an engaged user base rather than a brief spike. The timing invites questions, too: RoboStrategy had just raised approximately $16 million through private share issuances between July 7 and July 14 at an average price of $35.50 per share. It remains unclear whether that raise fed the weekend activity.

Solana’s lead in tokenized assets

The case is not isolated. Solana has built a lead in the broader market for tokenized real-world assets. According to rwa.xyz, Solana now counts 301,074 holders of such assets, the highest of any blockchain, ahead of Plume’s 247,755, Ethereum’s 200,860, and BNB Chain’s 118,840.

The network holds approximately $3.01 billion in tokenized assets across 2,121 asset types, after briefly touching an all-time high of $3.62 billion earlier this month. By total value it ranks third, behind Ethereum and BNB Chain, yet it leads by number of holders. Tokenized equities drove much of that growth: Solana recorded $3.47 billion in tokenized equity trading volume in June, a monthly record, and more than 96% of all such volume across every blockchain that month, per Blockworks.

Robinhood stock goes live

Solana’s roster of tokenized stocks grew again on July 16, when the network said HOODx, a tokenized version of Robinhood Markets (Nasdaq: HOOD) stock, had gone live. HOODx is issued by Backpack Securities and reaches users through Sunrise, Solana’s gateway for bringing outside assets onchain.

Investors can now buy and sell the tokenized Robinhood share on Jupiter, one of Solana’s largest decentralized exchanges and the same venue many traders use for meme coins.

Source: TheStreet

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