BlockBeats news, on September 1, according to the official announcement, Robinhood’s chain issuance platform Long.xyz has launched LongX Expansion. The new feature packages NVDA 3x leveraged positions on Lighter as ERC20 tokens, supporting minting/redemption, DEX pool trading, and liquidity pairing, with trading fees routed back to the AI token.
This feature is currently in a controlled testing phase; the team stated, “We will actively monitor market stability today. Based on the results, we may enable the full pairing mode, allowing anyone to pair with the NVDA3 ERC20 token.”
The Long.xyz platform has recently emerged as another viral protocol beyond Pons. The meme coin Artificial Inu (AI) issued on this platform has recently surpassed $160 million in market cap, while Boner reached $70 million in market cap within three days of its launch.
BlockBeats Note: Stock Meme is an emerging trend that directly combines traditional meme coins with tokenized U.S. stocks. Instead of being paired with USDT or ETH, these meme coins are traded directly against on-chain tokenized U.S. stocks (such as NVDA, TSLA, AAPL, etc.). This model retains the high volatility and community-driven speculative nature of meme coins while leveraging the popularity and narratives of real stocks. Trading fees are often partially funneled back into a community treasury to accumulate the corresponding tokenized stocks, creating a dual-driving mechanism of “emotional hype + real asset backing.”