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The Pit Report

Robinhood Chain news first, then the NFT and crypto stories worth knowing. Short, plain-English, always linked to the source.

Oct 23, 2026: Stock tokens become collateral, Uniswap plugs in more liquidity

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Robinhood Chain

Morpho turns Robinhood Chain stock tokens into loan collateral

Morpho says Robinhood Stock Tokens are now live as collateral on its lending network, so holders can borrow stablecoins without selling. Any app on Robinhood Chain can plug into these credit markets.

Robinhood Chain

Steakhouse adds six stock tokens to the Robinhood Earn vault

Steakhouse is accepting tokens tied to Nvidia, SpaceX, Apple, Tesla, Alphabet and the S&P 500 (SPY) as collateral in the USDG vault behind Robinhood Earn on Morpho. Supply caps start low for an observation period and may be revised later.

Robinhood Chain

Uniswap switches on aggregator hooks, including on Robinhood Chain

Uniswap Labs turned on aggregator hooks on Ethereum, Base and Robinhood Chain, letting swaps pull liquidity from seven outside sources through its web app and API.

Robinhood Chain

Tokenized stocks grow, and some big US companies push back

CNBC reports tokenized volume on Robinhood Chain rose to $11.31 billion in September, up from $526 million in July. Companies including Goldman Sachs, Microsoft and McDonald's are objecting to tokenized versions of their shares being traded.

NFTs

NFT sales tick up as Bitcoin-based collections jump

CryptoSlam data shows weekly NFT sales up about 6% to $44.18 million, with buyer counts up 74%. Ethereum stayed the biggest chain by sales, while Bitcoin NFT sales more than doubled.

Crypto

OCC finalizes the first GENIUS Act stablecoin rule

The US Office of the Comptroller of the Currency is the first regulator to finalize rules under the GENIUS Act, covering reserves, redemptions and custody for stablecoin issuers. It takes effect January 18, 2027, and third-party reward programs will be reviewed case by case.

Crypto

Solana's Alpenglow upgrade goes live

Solana activated its Alpenglow consensus upgrade, which Anza says cuts transaction finality from about 12.8 seconds to roughly 150 milliseconds.

Crypto

Coinbase Ireland hit with a €3.25 million penalty

Ireland's central bank fined Coinbase Ireland €3.25 million over customer-fund safeguarding and outsourcing oversight. The sanction still needs High Court confirmation, and Coinbase says the issues are fixed and no customer lost money.

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News roundup written in our own words with links to the original sources. Not financial advice. Not affiliated with Robinhood.