
Bernstein analysts estimate that the Robinhood chain could generate $160 million in annual fees by 2028, according to Cointelegraph. Their projection is based on expected growth in demand for tokenized stock trading. The forecast points to transaction-related fee potential if the market for blockchain-based representations of equities expands as anticipated. The estimate does not provide a current fee figure or specify the assumptions behind the projected annual revenue. It also does not indicate how the potential fees would be distributed across the network or participants. Cointelegraph published the report on Sept. 8, 2026. The projection concerns the Robinhood chain and its possible role in tokenized stock trading; it is not a forecast for the performance of the related crypto assets LION, RED, or WIN. Investors should distinguish the analysts’ estimate from a confirmed revenue result, as the $160 million figure is a forward-looking projection for 2028.