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Robinhood has issued 213 US stock tokens on Arbitrum, costing only $5 in gas

 the online brokerage platform Robinhood recently batch-issued 213 US stock tokenized assets on the Arbitrum chain with a cost of only about $5, paving the way for its upcoming decentralized blue-chip stock trading service for European users. Data from the blockchain browser Arbscan shows that the platform's deployment address completed tokenization of stocks including Nvidia, Microsoft, and Apple for only 0.00233 ETH (currently about $5), with an average deployment cost of as low as 3 cents per stock token.

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