Everything Blockchain Partners with PAYDAY to Automate Tokenized Stock Distributions on Robinhood Chain
Key Takeaways
- •Everything Blockchain and PAYDAY will distribute automated tokenized stock rewards to qualifying holders every Friday using Robinhood Chain's blockchain infrastructure.
- •Robinhood Chain surpassed Base in daily active users on July 21 with 323,969 users, having grown from just a few hundred in late June.
- •Robinhood Chain reached a record total value locked of approximately $588.9 million on July 21, a dramatic increase from under $5 million prior to its mainnet launch.
- •Robinhood Chain exceeded Base in 24-hour DEX spot trading volume, recording roughly $624 million compared with Base's $603 million.
- •Robinhood Stock Tokens achieved record levels in both tokenized market capitalization and holder count on July 21, despite memecoin trading dominating network activity since launch.

Everything Blockchain (OTC: EBZT) has signed a commercial agreement with PAYDAY, a protocol built on Robinhood Chain, to integrate a tokenized stock distribution system that automates equity-based rewards for eligible participants. The partnership creates a technical and operational framework for weekly tokenized stock distributions delivered through Robinhood Chain's blockchain infrastructure. Tokenized stocks are blockchain-based representations of equity that enable fractional ownership, programmable transfers, and automated distribution without traditional intermediaries such as transfer agents or clearinghouses.
Under the agreement, qualifying token holders will receive automated tokenized stock payouts every Friday. The arrangement enables Everything Blockchain to deliver equity-linked incentives directly through the network, reducing the operational complexity typically associated with traditional payment mechanisms. The companies expect the collaboration to streamline reward distribution and support broader adoption of tokenized financial assets.
The agreement reflects a wider industry push to incorporate tokenized securities into blockchain-based financial ecosystems. Major financial institutions have increasingly explored tokenized real-world assets, with BlackRock launching its BUIDL tokenized treasury fund on Ethereum and Franklin Templeton expanding its BENJI tokenized money market fund across multiple blockchains. By leveraging Robinhood Chain's infrastructure, Everything Blockchain aims to improve the efficiency of distributing equity-linked rewards while automating settlement processes.
Robinhood Chain Records Strong User Growth
The announcement comes as Robinhood Chain continues to report rapid expansion following the public launch of its mainnet on July 1. According to data compiled by blockchain analytics platform Artemis, the network surpassed Base in daily active users on July 21, recording 323,969 active users compared with Base's 274,520.
Robinhood Chain had previously exceeded Base in daily active users on July 11 before temporarily relinquishing the lead between July 16 and July 20. The latest figures indicate that the network regained the top position after several days of alternating leadership.
The blockchain's growth has accelerated significantly since its public launch. Daily active users climbed from only a few hundred in late June to more than 320,000 by July 21, demonstrating rapid adoption within a relatively short period.
Alongside user growth, Artemis reported that Robinhood Chain reached a record total value locked (TVL) of approximately $588.9 million on July 21, representing an increase of roughly $74 million, or about 14%, from the previous day. Prior to the mainnet launch, the network's TVL remained below $5 million, highlighting the pace of capital inflows after public deployment.
Expanding DeFi Ecosystem
Data from Artemis indicates that lending protocol Morpho accounts for the largest share of assets secured on the network, followed by Ethena, Uniswap, Maple, Lighter, Robinhood Stock Tokens, and Arcus. These protocols collectively contribute to the chain's expanding decentralized finance ecosystem.
Additional blockchain analytics from DefiLlama showed that Robinhood Chain also exceeded Base in 24-hour decentralized exchange spot trading volume, recording approximately $624 million compared with Base's $603 million. The network also generated substantially higher blockchain transaction fees during the same period.
Capital inflows have continued through the network's canonical bridge, while stablecoin supply has increased significantly over recent weeks. DefiLlama reported stablecoin circulation on the chain at approximately $438.8 million, reflecting continued growth in on-chain liquidity following the mainnet rollout.
Despite these gains, Base continues to maintain a substantially larger ecosystem across several broader metrics. Its decentralized finance TVL, stablecoin supply, and perpetual futures trading volume remain considerably higher than Robinhood Chain's, undersoring the difference in maturity between the two blockchain networks.
Tokenized Assets Continue to Gain Momentum
Robinhood Chain was introduced as a Layer-2 blockchain built using Arbitrum Orbit technology with a focus on tokenized real-world assets. Arbitrum Orbit is a framework developed by Offchain Labs that enables developers to launch application-specific chains settled on Arbitrum, benefiting from Ethereum's security model while customizing fee structures and governance. The network launched alongside Robinhood's Stock Tokens product, which provides tokenized equity exposure to users across more than 120 countries.
Although memecoin trading has accounted for much of the network's transaction activity since launch, tokenized equities continue to expand. Artemis reported that Robinhood Stock Tokens achieved record levels in both tokenized market capitalization and holder count on July 21, indicating gradual growth in adoption despite broader speculative trading activity.
The collaboration between Everything Blockchain and PAYDAY reinforces the expanding role of blockchain infrastructure in supporting tokenized equities, automated financial rewards, and broader adoption of real-world asset applications. As institutional and retail interest in tokenized securities grows, partnerships that automate distribution and settlement processes are expected to play an increasingly important role in the development of blockchain-based financial ecosystems.