The post Robinhood Nears 500 Tokenized Assets as Stock Token Expansion Accelerates on Arbitrum appeared on BitcoinEthereumNews.com. The total value of the 493 assets tokenized by Robinhood exceeds $8.5 million, according to statistics from Dune Analytics. The market is booming and quite active, with a cumulative mint volume of about $19.3 million and a burning activity of over $11.5 million. Eighty more stock tokens have been deployed by Robinhood in the last few days, increasing the total number of tokenized assets close to 500, as part of its expansion of the tokenization initiative on the Arbitrum blockchain. The total value of the 493 assets tokenized by Robinhood exceeds $8.5 million, according to statistics from Dune Analytics. The market is booming and quite active, with a cumulative mint volume of about $19.3 million and a burning activity of over $11.5 million. Nearly 70% of all tokens deployed are in stocks, with exchange-traded funds (ETFs) coming in at roughly 24% and commodities, crypto ETFs, and US Treasurys receiving lower proportions. Synopsys (SNPS), Galaxy (GLXY), and Webull (BULL) are among the most recent tokenized assets, according to research analyst Tom Wan. The expert claims that European Union customers of Robinhood now have access to a broader choice of US stocks, equities, and ETFs as a result of tokenization. Banking on Tokenization In June, Robinhood expanded its real-world asset (RWA) offerings by launching a layer-2 blockchain focused on tokenization, based on Arbitrum. This allowed users in the European Union to trade tokenized US equities and ETFs. While the value of the company’s stock tokens fluctuates in tandem with the price of publicly traded US equities, they do not constitute actual ownership of the shares themselves. The business claims that, instead, they are organized as derivatives based on blockchain technology and are subject to regulation under MiFID II. The stock tokens, according to the firm, provide access to the market at all… The post Robinhood Nears 500 Tokenized Assets as Stock Token Expansion Accelerates on Arbitrum appeared on BitcoinEthereumNews.com. The total value of the 493 assets tokenized by Robinhood exceeds $8.5 million, according to statistics from Dune Analytics. The market is booming and quite active, with a cumulative mint volume of about $19.3 million and a burning activity of over $11.5 million. Eighty more stock tokens have been deployed by Robinhood in the last few days, increasing the total number of tokenized assets close to 500, as part of its expansion of the tokenization initiative on the Arbitrum blockchain. The total value of the 493 assets tokenized by Robinhood exceeds $8.5 million, according to statistics from Dune Analytics. The market is booming and quite active, with a cumulative mint volume of about $19.3 million and a burning activity of over $11.5 million. Nearly 70% of all tokens deployed are in stocks, with exchange-traded funds (ETFs) coming in at roughly 24% and commodities, crypto ETFs, and US Treasurys receiving lower proportions. Synopsys (SNPS), Galaxy (GLXY), and Webull (BULL) are among the most recent tokenized assets, according to research analyst Tom Wan. The expert claims that European Union customers of Robinhood now have access to a broader choice of US stocks, equities, and ETFs as a result of tokenization. Banking on Tokenization In June, Robinhood expanded its real-world asset (RWA) offerings by launching a layer-2 blockchain focused on tokenization, based on Arbitrum. This allowed users in the European Union to trade tokenized US equities and ETFs. While the value of the company’s stock tokens fluctuates in tandem with the price of publicly traded US equities, they do not constitute actual ownership of the shares themselves. The business claims that, instead, they are organized as derivatives based on blockchain technology and are subject to regulation under MiFID II. The stock tokens, according to the firm, provide access to the market at all…