Robinhood has tokenized 500 US stocks and ETFs for EU users.

According to Mars Finance, Robinhood has tokenized 500 U.S. stocks and ETFs for EU users on Arbitrum, as reported by Cointelegraph. According to data from Dune Analytics, Robinhood has tokenized 493 assets with a total value exceeding 8.5 million USD. The cumulative minting amount has surpassed 19.3 million USD, but approximately 11.5 million USD in destruction activities have offset this loss, indicating that the market is on the rise but trading is active. Stocks account for nearly 70% of all deployed tokens, followed by exchange-traded funds (ETF), which account for about 24%, while commodities, Crypto Assets ETFs, and U.S. Treasury bonds have a smaller allocation.