Robinhood has issued 213 US stock tokens on Arbitrum for only $5 Gas

BlockBeats News: On July 2nd, online brokerage platform Robinhood recently issued 213 US stock tokenized assets in bulk on the Arbitrarum chain at a fee cost of only about $5, paving the way for its upcoming decentralized blue chip trading service for European users. According to data from the blockchain explorer Arbscan, the platform's deployment address completed the tokenization of stocks including Nvidia, Microsoft, and Apple for only 0.00233 ETH (currently around $5), with an average deployment cost of as low as 3 cents per stock token.