- Robinhood expanded its tokenized asset offerings to nearly 2,000, adding 500 new assets overnight on the Arbitrium blockchain.
- Approximately 73% of Robinhood’s tokenized assets are U.S. equities, while 24% are exchange-traded funds (ETFs).
- Cumulative token minting volume has reached $55.5 million, with $21.7 million in burned tokens, reflecting active trading.
- A retail sentiment analysis shows investor interest in Robinhood stock remains mostly bearish, with low levels of discussion.
- Tokenization of traditional assets could reach a $4 trillion market capitalization by 2030, according to projections.
Robinhood has rapidly expanded its tokenized stock offering, bringing the total number of assets available on its platform to almost 2,000 as of Thursday. This follows the addition of 500 new tokenized stocks overnight on the Arbitrium blockchain, as reported by Dune Analytics dashboards managed by Entropy Advisors.
Data indicates that about 73% of these tokenized assets are U.S. equities. ETFs account for roughly 24%. Smaller allocations are assigned to U.S. Treasury bonds, crypto-linked ETFs, commodities, and private equity products.
The platform has seen significant trading activity, with cumulative token minting volume at approximately $55.5 million and cumulative burn volume near $21.7 million. Minting refers to the creation of new tokens, while burning represents tokens being removed from circulation as positions are exited.
Attention was drawn to the overnight deployment of new tokenized stocks by an Arbitrium content creator on X. In response, Robinhood co-founder and CEO Vlad Tenev commented on X, stating, “slowly, then all at once.”
While Robinhood stock traded at $117.16, marking a 1.17% increase and an additional 0.72% gain in after-hours trading, sentiment on Stocktwits remained bearish, with users showing low discussion activity.
Analyst Tom Wan observed on X that the expansion means European Union users now have access to a broader range of U.S. stocks and ETFs as tokenized products.
The growth of tokenization comes amid broader institutional interest in digital assets. According to estimates from Waves-the-transformational-power-of-tokenizing-assets?”>McKinsey & Company, global market capitalization for tokenized assets could approach $2 trillion by 2030, with some projections ranging as high as $4 trillion. This forecast excludes cryptocurrencies and stablecoins.
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