Robinhood Expands Tokenization with Nearly 500 US Stocks and ETFs on Arbitrum
Robinhood has significantly broadened its blockchain tokenization efforts for European clients, launching 493 tokenized assets on the Arbitrum network. The total value of these assets exceeds $8.5 million, reflecting heightened demand for real-world asset trading on decentralized platforms.
Data from Dune Analytics reveals that nearly 70% of the tokens represent US stocks, while 24% are ETFs. The remaining tokens include commodities, crypto-related ETFs, and US Treasurys. Recent additions feature companies like Galaxy (GLXY), Webull (BULL), and Synopsys (SNPS). Trading operates 24/7, with minimum investments starting at 1 euro under MiFID II regulations.
The Bank of Lithuania has requested details on Robinhood’s token structure, signaling regulatory scrutiny as the platform scales. Mint volume has reached $19.3 million, with $11.5 million burned, indicating robust user activity. "Robinhood EU users now have a wider range of US stocks, equities, and ETFs," noted research analyst Tom Wan.