Inside the Stock-Paired Memecoin Boom
On Robinhood Chain, memecoins are increasingly quoted in tokenized shares instead of stablecoins. We read the pools directly and found 432 of them, holding 17% of the onchain float across...
Nick Sawinyh
RWAs @ DeFi Blog
Nick Sawinyh
A Memecoin Cornered a Tokenized Stock
A memecoin paired against tokenized Hims & Hers equity absorbed most of the token's onchain float over a weekend and pushed it as much as 112% above its NYSE close....
Nick Sawinyh
The Ostium Exploit: Drained by a Fake Bitcoin Price
An attacker drained roughly $11.86M in USDC from Ostium by opening a Bitcoin position against a fabricated $5,000 price and closing it near $60,000. The chain shows it plainly, and...
Nick Sawinyh
Robinhood Chain: Open Rails, Fenced-Off Asset
Robinhood launched a permissionless L2 built for tokenized stocks. Its flagship asset is a US-blocked debt security with no ownership rights. The gap between the rails and the product is...
Nick Sawinyh
T. Rowe's Kroger: Tokenization's Real 2026 Win Is Access
T. Rowe Price's David Kroger on why the cost-savings story for tokenization is overhyped, what's actually onboarding TradFi capital, and the vault-vs-ETF condition for 2031.
Nick Sawinyh
Distributed vs. Represented: A Cleaner RWA Lens
rwa.xyz split tokenized assets into Distributed (~$30B) and Represented (~$438B). The lens is cleaner, but the $100B-by-year-end forecast does not survive the math.
Nick Sawinyh
Agra Bonds: A CLOB for Tokenized Credit
Agra Bonds is a beta Ethereum orderbook for tokenized private credit. Here is how the rate-quoted CLOB works, what is actually live, and where it sits in the RWA landscape.
Nick Sawinyh