PANews reported on November 17th that DeFi expert Kenshin stated that Robinhood's tokenized US stocks and ETFs on Arbitrum continue to expand rapidly. As of now:

• Number of tokenized assets: 780

• Total tokenized value: Over $7.43 million

  • Stocks: $5.1 million

  • ETF: $1.84 million

  • Goods: $286,000

Regarding cumulative on-chain activity:

• Total mint production has exceeded US$19.9 million.

• The total amount burned reached $11.9 million.

The poster stated that this means Robinhood is using Arbitrum as the core settlement infrastructure for its regulated equity products, and that an active market has emerged in less than five months, indicating a significant acceleration in the trend of on-chain asset tokenization.