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The world will be tokenized, it’s only a matter of time.
@RobinhoodApp is already tokenizing stocks and ETFs on @arbitrum. The total tokenized value is around $9M and growing fast, with 780 tokenized assets.
They manage $204B in assets and make $15B in daily trading volume.
Right now, tokenized assets represent only 0.005% of their AUC.
If it goes to just 0.5%, that would mean $900M in tokenized value, injected directly into Arbitrum’s TVL.
That alone would push Arbitrum’s TVL to around $4B, making it the #1 Layer 2.
Robinhood is a massive player building on Arbitrum, but it’s unclear if they’ll continue scaling there. I’ve heard they plan to build their own chain for stock tokenization, likely an L3, but still connected to Arbitrum.