Robinhood to Tokenize Approximately 500 US Stocks and ETFs on the ARB Chain for EU Users

BlockBeats News, October 19th, according to Cointelegraph, Robinhood has tokenized around 500 U.S. stocks and ETFs on the Arbitrum chain for EU users. According to Dune Analytics, Robinhood has tokenized 493 assets with a total value of over $8.5 million, and the total minted amount has exceeded $19.3 million. Stocks account for nearly 70% of all deployed tokens, followed by ETFs at around 24%, with commodities, cryptocurrency ETFs, and U.S. Treasuries taking up a smaller share.