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Robinhood Adds Eight Stock and ETF Tokens to Its Chain

By The Defiant Team

DefiLlama tracks $246.7 million in real-world assets deployed in DeFi on the network, where stock tokens already support trading and collateralized borrowing.

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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