Robinhood-Linked Meme Coins Fall as Vlad Tenev Defends Tokenization

Robinhood-linked meme coins fell broadly, with MEME down 41.32% over six hours, microduck down 30.28% over 24 hours, CASHCAT down 14.19% over 24 hours, AI down 10.25% over 24 hours, and BONER down 26.15% over 24 hours. According to Odaily, Robinhood CEO Vlad Tenev said tokenization could give global users access to high-quality financial assets and that the industry is still in its early stages.