Robinhood Brings 500 US Stocks and ETFs On-Chain Through Arbitrum for EU Traders
Nearly 500 US stocks and ETFs go on-chain for EU traders amid regulatory scrutiny
Robinhood has taken a bold leap in its crypto expansion by tokenizing nearly 500 US stocks and ETFs on the Arbitrum blockchain, offering European Union users blockchain-based access to American financial markets.
Data from Dune Analytics shows that the company has now tokenized 493 assets worth over $8.5 million. The cumulative minting volume has exceeded $19.3 million, while around $11.5 million worth of tokens have already been burned — a sign of a growing, actively traded market. About 70% of these tokenized assets represent US stocks, 24% are ETFs, and the rest include commodities, crypto ETFs, and Treasurys.
Recent additions include companies like Galaxy (GLXY), Webull (BULL), and Synopsys (SNPS). Analyst Tom Wan noted that Robinhood’s EU users can now access “a wider range of US stocks and ETFs, thanks to tokenization.”
The tokenized products are blockchain-based derivatives rather than actual stock ownership. They track the real prices of US securities but operate under the EU’s MiFID II framework, offering 24-hour access, no hidden fees beyond a 0.1% foreign exchange charge, and entry-level investments starting from just one euro.
However, the move has caught regulators’ attention. The Bank of Lithuania, which oversees Robinhood’s EU operations, has requested clarification on how these tokenized assets are structured. CEO Vlad Tenev stated that the firm “welcomes the review.”
Robinhood’s tokenization push comes as part of its broader crypto expansion. The company recently launched micro futures for Bitcoin, XRP, and Solana, and earlier this year, it acquired Canadian crypto firm WonderFi in a $179 million deal. Robinhood has also proposed a national framework for real-world asset regulation to the US Securities and Exchange Commission.
