Robinhood Launches Tokenized Stocks on Arbitrum; Builds New Layer 2

2 mins mins

Key Points:

Introduction of tokenized stock product on Arbitrum by Robinhood
Development of the Robinhood Chain for asset management
Increased price target and market impact on HOOD stock

Robinhood Markets, Inc. (NASDAQ: HOOD) recently launched a tokenized stock product on Arbitrum alongside the development of a new Layer 2 network called Robinhood Chain. Mizuho analysts raised Robinhood’s price target to $99, citing these advancements.

Key Developments, Impact, and Reactions Robinhood has introduced a tokenized stock product on Arbitrum, enhancing its presence in the crypto space. The initiative also includes developing the Robinhood Chain, tailored for real-world asset management. These steps align with Robinhood’s expansion into international markets and crypto offerings.

Robinhood’s Tokenized Stock Launch Sparks Market Interest

Mizuho’s increased price target from $80 to $99 reflects Robinhood’s potential to reshape market dynamics. The announcement affected HOOD stock, trading at a high of over $98 before settling around $90.41. Dan Dolev, Analyst, Mizuho, said, “HOOD is tapping into a $600 billion TAM with just a sliver of market share today. We believe that changes rapidly.”

No official statements from Robinhood’s top executives were available, although significant internal support is implied.

The Coincu research team notes that such initiatives offer financial opportunities and potential regulatory scrutiny. This move may bolster Arbitrum and Ethereum’s position within the crypto ecosystem, signaling innovative financial engagement models. Arbitrum DAO’s growth proposal sparks debate, adding layers to the broader industry dialogue.

Arbitrum’s Position Strengthened by New Innovations

Did you know? Robinhood’s tokenized stock launch on Arbitrum mirrors the 2021 trend of tokenized trading by firms like FTX, which similarly attracted substantial investor interest and market activity.

As of July 1, 2025, Arbitrum (ARB) is priced at $0.33, with a market cap of $1.62 billion and a 24-hour trading volume of $300.14 million, marking a decline of 56.35%. ARB showed a 7.36% price increase over the past 90 days, as per CoinMarketCap.

arbitrum-daily-chart-10 — Arbitrum(ARB), daily chart, screenshot on CoinMarketCap at 23:20 UTC on July 1, 2025. *Source: CoinMarketCap*

This move may bolster Arbitrum and Ethereum’s position within the crypto ecosystem, signaling innovative financial engagement models.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.