Robinhood deployer launches 500 tokenized stock contracts on Arbitrum on December 17

On December 17, Robinhood's "Robinhood: Deployer" address on Arbitrum executed 500 smart contract deployments for tokenized stocks, pushing its total to 1,997 contracts since May. The cumulative value of these Robinhood-issued tokenized assets has risen from near zero in June to over $10 million by mid-December, led by ETFs and major tech stocks such as the YieldMax MSTR Option Income Strategy ETF, Alphabet, and Microsoft.