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- 💥 Gate Square Event: #PostToWinCGN 💥
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Robinhood has deployed a large number of stock tokens on the Arbitrum network, possibly for testing.
Gate News bot message, According to on-chain trading information of OpenAI stock tokens (o) revealed by Robinhood CEO Vlad Tenev, the Robinhood deployment account has minted 2,309 o stock tokens on the Arbitrum network.
Data analyst @tomwanhh further pointed out that the Robinhood deployed account has created a total of 213 tokens on Arbitrum, suspected to be conducting related tests. The entire process consumed only 0.00233 ETH (approximately $5), with an average transaction cost of only $0.03.
Previously, Robinhood’s European division announced the launch of the world’s first tokenized stocks for private companies, including token products for OpenAI and SpaceX.