[Robinhood Executive: Robinhood Chain Aims to Balance Traditional Financial Products and Meme Coins] According to Decrypt, Johann Kerbrat, head of Robinhood's crypto division, stated in an interview that Robinhood Chain has shown strong performance in its first month since launch. He noted that the chain's positioning is to balance traditional financial products (tokenized stocks, derivatives) with meme coins—precisely the concept expressed in CEO Vlad Tenev's 'Two Wolves' post. One month after its launch, Robinhood Chain's total value locked (TVL) has approached $800 million, with over 200 million transactions processed. Kerbrat explained that the decision to use Ethereum Layer-2 was made to leverage existing security and decentralization while focusing resources on product development.