Robinhood is building on Arbitrum, which settles on Ethereum, for tokenization efforts under SEC watch.

The entities involved

• Ethereum →

  public blockchain platform with programmable transaction functionality

  • Bitmine holds 4.7% of total Ethereum coin supply and 205 Bitcoin, with Founders Fund among its institutional investors.Mon 16:28
  • Animoca Brands is contributing to the ecosystem with commitments, launching natively across multiple blockchains, and executive comments on product goals.Mon 15:05
• Robinhood →

  American financial services company

  • Robinhood is utilizing its trading platform to acquire customers and manage wealth.Mon 02:34
  • Morgan Stanley raised its price target for a company and disclosed selling a portion of its holdings, involving Vital Farms, Robinhood, and ARK Invest.Sun 11:52
• Securities and Exchange Commission →

  government agency of the Philippines

  • BlackRock, the manager of the iShares Core MSCI EAFE ETF, has made required filings with the Securities and Exchange Commission regarding institutional holdings.Mon 16:42
  • Filing required regarding institutional holdings for Schwab Emerging Markets Equity ETF and Waterford Advisors LLC with the SEC.Mon 16:38

Related events

• The SEC issued an order addressing the ongoing dispute between Robinhood and AMC regarding the unauthorized tokenization of shares.Sep 22
• Robinhood began utilizing tokenized equities on a blockchain platform.Sep 15
• Robinhood offered tokenized versions of AMC stock and faced criticism for unauthorized tokenization.Sep 4
• Adam Aron pushed back against Robinhood's tokenization model, which utilizes a Jersey-based subsidiary and is built on Ethereum Layer 2.Sep 10
• Coinbase and Robinhood are expanding their offerings, with Robinhood's blockchain development stemming from Coinbase's strategic moves.Jul 2