Everything Blockchain (OTC: EBZT) has entered into a commercial agreement with PAYDAY, a protocol operating on Robinhood Chain, to integrate a tokenized stock distribution system designed to automate equity-based rewards for eligible participants. The collaboration establishes a technical and operational framework that enables weekly distributions of tokenized stocks through Robinhood Chain’s blockchain infrastructure.
Under the agreement, qualifying token holders will receive automated tokenized stock payouts every Friday, allowing Everything Blockchain to streamline the delivery of equity-based incentives directly through the network. The companies expect the arrangement to simplify reward distribution while supporting broader adoption of tokenized financial assets.
The partnership integrates Everything Blockchain’s reward system with Robinhood Chain through PAYDAY, enabling automated weekly distributions of tokenized stocks to eligible participants.
The agreement reflects growing industry efforts to incorporate tokenized securities into blockchain-based financial ecosystems. By leveraging Robinhood Chain’s infrastructure, Everything Blockchain aims to improve the efficiency of distributing equity-linked rewards while reducing operational complexity associated with traditional payment mechanisms.
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 increased from only a few hundred users 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.
Robinhood Chain surpassed Base in daily active users while reaching a record total value locked of approximately $588.9 million less than a month after its mainnet launch.
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, underscoring 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. 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 reinforces the expanding role of blockchain infrastructure in supporting tokenized equities, automated financial rewards, and broader adoption of real-world asset applications.
The agreement between Everything Blockchain and PAYDAY reflects the continued evolution of tokenized financial services as blockchain platforms seek to integrate digital assets with conventional investment products. 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.
