Robinhood Tokenizes 493 US Stocks & ETFs on Arbitrum
Robinhood has expanded its RWA tokenization program on Arbitrum L2, issuing 80 new stock tokens and bringing the total to 493 US stocks and ETFs valued at over $8.5 million on-chain. According to Dune Analytics, cumulative minting has reached $19.3 million, with $11.5 million burned, reflecting active trading. Under MiFID II, these blockchain-based derivatives allow 24/7 access, a €1 minimum investment and a 0.1% forex fee. Stocks now represent 70% of tokenized assets, while ETFs account for 24%, with the remainder in commodities, crypto ETFs and US Treasuries. The Bank of Lithuania has sought legal clarity on the token structure, and Robinhood has pledged cooperation. This tokenization drive follows the launch of micro futures for BTC, XRP and SOL, the $179 million WonderFi acquisition and a proposed unified RWA framework filed with the US SEC.
Bullish
Robinhood’s expansion of tokenization and new micro futures offerings boosts liquidity and trading options. Integrating 493 stock and ETF tokens on Arbitrum shows growing institutional adoption of blockchain derivatives. The launch of BTC, XRP and SOL micro futures and a proposed RWA framework with the SEC further enhance market infrastructure. These developments are likely to drive demand and price support for the mentioned cryptocurrencies in both the short and long term.