Robinhood launched its Stock Tokens feature on June 30, 2025, attracting over 200,000 new tokenized asset holders in roughly one week. The offering provides access to more than 200 tokenized equities and ETFs, backed 1:1 by the underlying shares, with zero commissions, 24/5 trading access, and dividend support. Built on Robinhood Chain, a Layer 2 blockchain using Arbitrum technology, the feature is available in over 120 countries but notably not in the US. The tokenized equities market is estimated at around $1 billion in the second half of 2025, and the approximately 200,000 daily active addresses observed confirm rapid adoption of this functionality.
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