Tokenized real-world asset adoption has shifted into higher gear since March, when Hyperliquid emerged as a venue for pricing crude oil over a weekend. This development marks a significant expansion in on-chain commodity markets and signals growing utility for tokenized assets beyond traditional crypto-native use cases. Robinhood Chain is currently generating approximately $30 million in annualized fees based on a seven-day run rate. Despite this revenue stream, Citrini's latest report indicates that these fees do not yet materially impact Robinhood's overall financial performance.