A Meme, a Mascot, and $500 Million: How CASHCAT Became Robinhood’s Accidental Breakout Hit
When Robinhood launched its own blockchain on July 1, the company’s pitch was about infrastructure. A permissionless, Arbitrum-based Layer 2 network built to move tokenized stocks and bonds on-chain. Day-one integrations from Uniswap and Chainlink gave it instant institutional credibility. A week later, the chain’s most-traded asset had nothing to do with tokenized equities. It was a cartoon cat. Where the Name Actually Came From CASHCAT is a community-created memecoin.