Robinhood has expanded its tokenization initiative on the Arbitrum blockchain, releasing 80 new stock tokens in recent days and bringing the total number of tokenized assets close to 500.
According to Data From Dune Analytics, Robinhood has tokenized 493 properties with a total value of more than $8.5 million. Cumulative Mint Volume exceeded $19.3 million, offset by nearly $11.5 million in burning activity, signaling a growing but actively traded market.
Stocks account for about 70% of all deployed tokens, followed by exchange-traded funds (ETFs) at about 24%, with smaller allocations to commodities, crypto ETFs and US Treasurys.
The latest batch of tokenized assets includes Galaxy (GLXY), Webull (Bull), and Synopsys (SNPS), research analyst Tom Wan said. “Robinhood EU users now have a wider range of US stocks, equities, and ETFs, thanks to tokenization,” he said.
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Blockchain-based derivatives, not real shares
In June, Robinhood Launched a dedicated tokenization Layer-2 blockchain built on arbitrum, allowing EU users to trade tokenized US stocks and ETFs as part of it Real-World Assets (RWA) expansion.
The company’s stock tokens reflect the prices of publicly traded US securities but do not represent direct ownership of the underlying shares. Instead, they are structured as blockchain-based derivatives regulated under MIFID II (Markets in Financial Instruments Directive II), according to the company.
The company also claims the stock tokens offer 24-hour market access, no hidden fees beyond a 0.1% FX charge and the ability to start investing at just 1 euro ($1.17).
However, the rollout has drawn the investigation. In July, the Bank of Lithuania, which regulates robinhood in the EU, requested clarification on how the tokens are structured. Tenev said the firm welcomes the review.
Related: Following the success with us, the expansion of Robinhood’s eyes of foreign prediction markets
Robinhood is deepening its crypto expansion
Robinhood’s tokenization rollout comes shortly after the brokerage firm Micro Futures launched Contracts for Bitcoin (BTC), Xrp (XRP) and Solana (Sol).
Earlier in May, the firm Canadian crypto platform Wonderfi has been acquired In a $179 million deal, further expanding its global footprint. Robinhood is also pushing for clearer tokenization regulations in the US, submitted a proposal to The Securities and Exchange Commission for a unified national framework governing RWAs.
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