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Robinhood chain to generate $160M in annual fees by 2028: Bernstein

Bernstein analysts project that Robinhood's blockchain network could generate up to $160 million in annual fees by 2028, driven by increasing adoption of tokenized stock trading which now represents approximately 27% of the chain's volume. Since launching in July, the Robinhood chain has become the leading blockchain by daily fees, recently earning $2.13 million per day, though it has also faced criticism from corporate leaders over unauthorized tokenized securities.

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