Robinhood has issued 213 U.S. stock tokens on Arbitrum, costing only $5 Gas"
Online reports that online brokerage platform Robinhood recently issued 213 U.S. stock tokenized assets in batches on the Arbitrum chain at a fee of only about US$5, paving the way for its upcoming decentralized blue-chip trading service to European users. Data from blockchain browser Arbscan shows that the platform deployment address only paid 0.00233 ETH (current price is about US$5) to complete the tokenization of stocks including Nvidia, Microsoft and Apple. The average deployment cost of a single stock token is as low as 3 cents.
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