Arbitrum has announced that Robinhood is tokenizing nearly 1,000 stocks on the Arbitrum network. This initiative is initially rolling out for the Robinhood EU application, allowing users to access tokenized versions of traditional equities on-chain. This move signifies a major step in bridging traditional finance with blockchain technology, utilizing Ethereum's Layer 2 solution to enhance accessibility and liquidity for financial assets. The integration highlights the growing trend of utilizing Layer 2 networks for real-world asset (RWA) tokenization. By leveraging Arbitrum, Robinhood aims to provide faster and cheaper transactions compared to the Ethereum mainnet, while still benefiting from its security. Plans are reportedly in place to expand this availability to other regions in the future, marking a significant push towards broader adoption of on-chain trading for conventional stocks. [Update 1] New reports confirm the launch is live for EU users, detailing that nearly 1,000 stocks are now available on the L2 network.