Robinhood has launched trading for tokenized stocks on the Arbitrum Layer-2 network, leveraging its scalability to enable faster and more accessible investment opportunities. This strategic move aims to bridge traditional equities with decentralized finance (DeFi) by facilitating wider participation.
Simultaneously, the platform is progressing with the development of Robinhood Chain, specifically designed to enhance real-world asset management and DeFi interactions. The new chain targets improved liquidity and regulatory compliance, particularly for international markets, increasing its addressable market potential.
This integrated approach received analyst endorsement, with Mizuho Capital elevating its price target for HOOD stock from $80 to $99. The increased valuation reflects optimism surrounding Robinhood’s expansion into a $600 billion market.
HOOD shares exhibited heightened volatility surrounding the news, briefly exceeding $98 before stabilizing near $90. This price action underscores investor interest in Robinhood’s combined strategic push into tokenization and blockchain infrastructure.
By integrating with Arbitrum, Robinhood is poised to accelerate Layer-2 adoption and reinforce Ethereum’s standing within DeFi. While representing a significant advancement for crypto integration with traditional assets, navigating ongoing regulatory scrutiny remains a key focus.