Johann Kerbrat: Robinwood Chain goes live for nearly $800 million in TVL in January
According to Decrypt, Johann Kerbrat, the head of Robinhood's encryption business, stated that Robinhood Chain has performed strongly in its first month of launch, with a total lock up volume (TVL) of nearly $800 million and processing over 200 million transactions. Johann Kerbrat pointed out that Robinhood Chain is positioned to balance legitimate financial products with Meme coins, and choosing Ethereum Layer-2 is to focus resources on product development while relying on existing security and decentralization.