TLDR
- Robinhood has issued 493 tokenized assets on Arbitrum valued above $8.5 million.
- Around 70% of tokens are US stocks and 24% are ETFs on the Arbitrum network.
- The Bank of Lithuania has requested details on Robinhood’s token structure.
- Robinhood’s tokens trade 24 hours and start from 1 euro under MiFID II rules.
Robinhood has expanded its blockchain tokenization initiative for European users, adding nearly 500 tokenized US stocks and exchange-traded funds (ETFs) on the Arbitrum network. The total value of these blockchain-based assets now exceeds $8.5 million, showing a growing interest in real-world asset trading on decentralized platforms.
Expansion of Tokenized Assets on Arbitrum
Data from Dune Analytics shows that Robinhood has issued 493 tokenized assets on the Arbitrum blockchain. The brokerage added around 80 new tokens in recent days, increasing both the variety and trading activity. The total mint volume has reached $19.3 million, while burning activity stands at about $11.5 million, indicating active circulation and redemption by users.
Nearly 70% of these tokens represent US stocks, while about 24% are linked to ETFs. The rest include commodities, crypto-related ETFs, and US Treasurys. New listings feature companies such as 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.”
Structure and Regulation of the Tokenized Assets
Robinhood launched its tokenization-focused Layer 2 blockchain on Arbitrum in June as part of its real-world asset expansion. The platform allows EU users to trade tokenized versions of publicly listed US securities. These tokens mirror the market prices of their underlying stocks and ETFs, providing real-time exposure to global assets.
However, the tokens do not represent direct ownership of the underlying shares. Instead, they operate as blockchain-based derivatives under the European MiFID II framework. This structure enables compliance with existing financial regulations while offering 24-hour trading access and low entry costs, with investments starting from 1 euro. Robinhood also states that users face no hidden fees except for a 0.1% foreign exchange charge.
Regulatory Scrutiny and Oversight
The tokenization program has drawn the attention of regulators. In July, the Bank of Lithuania, which oversees Robinhood’s EU operations, requested clarification regarding the structure and compliance of these digital assets. Robinhood CEO Vlad Tenev said that the company “welcomes the review” and aims to ensure full transparency with regulators.
The inquiry reflects growing regulatory interest in blockchain-based financial instruments. Authorities across Europe are examining how tokenized securities fit within existing laws and investor protection frameworks. Robinhood’s approach, which treats these tokens as derivatives rather than direct equities, places it under a different regulatory category than traditional brokerage services.
Broader Crypto and RWA Expansion
The tokenization drive follows several other crypto-related initiatives by Robinhood. Earlier this year, the company launched micro futures contracts for Bitcoin, XRP, and Solana, expanding its derivatives offerings. In May, it also completed the $179 million acquisition of Canadian crypto firm WonderFi, strengthening its presence in global digital asset markets.
Robinhood has been advocating for clearer tokenization rules in the United States. The firm recently submitted a proposal to the Securities and Exchange Commission calling for a unified framework to govern real-world asset trading. This proposal aims to provide consistency across jurisdictions and help traditional investors access digital asset markets with greater clarity and trust.
Robinhood’s expansion on Arbitrum marks one of the largest efforts by a regulated brokerage to tokenize real-world assets for retail users in the European Union. The initiative continues to attract both investor interest and regulatory attention as blockchain technology reshapes the way financial instruments are issued and traded.