Robinhood has minted 213 US stock tokens on Arbitrum, spending only $5 in Gas

BlockBeats News, July 2nd, Online brokerage platform Robinhood recently batch issued 213 US stock tokenized assets on the Arbitrum chain with a cost of only about $5, laying the groundwork for its upcoming decentralized blue-chip stock trading service for European users. Blockchain explorer Arbscan data shows that the platform's deployment address paid only 0.00233 ETH (currently about $5) to complete the tokenization minting of stocks including Nvidia, Microsoft, and Apple, with an average deployment cost of as low as 3 cents per stock token.