Robinhood's tokenized assets on Arbitrum have increased to 780, with a total value exceeding $7.43 million.

AI Summary1 min read

TL;DR

Robinhood's tokenized assets on Arbitrum have grown to 780, valued at over $7.43 million, with stocks and ETFs dominating. This rapid expansion highlights the acceleration of on-chain asset tokenization.

Tags

Modular BlockchainLayer 2RollupsRobinhoodArbitrumtokenized assetsDeFion-chain activity
According to Mars Finance, DeFi expert Kenshin reported that Robinhood's tokenized US stocks and ETFs on Arbitrum are expanding rapidly. As of now: Number of tokenized assets: 780; Total tokenized value: $7.43 million; Stocks: $5.1 million; ETFs: $1.84 million; Commodities: $286,000. In terms of cumulative on-chain activity: Total mints have exceeded $19.9 million, and total burns have reached $11.9 million. The post indicates that Robinhood is using Arbitrum as the core settlement infrastructure for its regulated stock products, forming an active market in less than five months, and demonstrating a significant acceleration in the on-chain asset tokenization trend.

Visit Website