On-chain stocks are here, rapid version interpretation

1. Strongly beneficial for Robinhood and the RH chain, on-chain stocks have just begun, but it takes a very short time to grow from 0 to tens of billions of dollars. As the door to compliance opens, this growth rate will quickly form a huge new market.

2. Beneficial for stablecoins. Whether it's the RH chain or other chains, it will directly attract global funds that want to buy U.S. stocks but cannot, to buy U.S. stocks with stablecoins—how big is this market?

3. Beneficial for the cryptocurrency circle, a large number of newcomers will come over. At first, they might come to buy legitimate stocks, but ultimately they will like bulls, dogs, and cats.

4. Beneficial for permissionless public chains like SOL and ETH. From the background and speed, it seems that SOL might perform better than ETH in stocks.

5. Beneficial for $PONS $AI $STONK $bulls.

The bulls have come.

https://www.sec.gov/newsroom/press-releases/2026-90-sec-issues-innovation-exemption-facilitate-trading-tokenized-nms-stock-request-comment

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