Robinhood has deployed over 213 stock tokens on Arbitrum, costing approximately 5 dollars.

PANews reported on July 2 that a screenshot shared by Tom Wan, head of data at Entropy Advisors, shows that by tracking contract deployment addresses, more than 213 stock tokens have been deployed by Robinhood on Arbitrum, costing a total of only 5 dollars (0.00233 ETH), with an average transaction cost of 0.03 dollars.

According to previous news, Robinhood plans to launch its own blockchain and introduce 'stock tokens' in the EU.