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Robinhood has issued 213 US stock tokens on Arbitrum, spending only 5 dollars in Gas.
On July 2, the online brokerage platform Robinhood recently issued 213 U.S. stock tokenized assets on the Arbitrum chain with a transaction fee of only about $5, paving the way for its upcoming decentralized blue-chip stock trading service aimed at European users. Data from the blockchain explorer Arbscan shows that the platform's deployment address completed the tokenization minting of stocks including Nvidia, Microsoft, and Apple for just 0.00233 ETH (approximately $5), with the average deployment cost per stock token as low as 3 cents.