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Robinhood Chain Recorded $51.11 Million in Fees Over 92 Days

Robinhood received about $45.93 million, while average daily tokenized-stock trading volume rose 22-fold from July to September.

Updated 1 min read
Pedestrians pass Robinhood's headquarters on Willow Road in Menlo Park, California. / EconoTimes.ai
Pedestrians pass Robinhood's headquarters on Willow Road in Menlo Park, California. / EconoTimes.ai

Tokenized-stock activity expanded during Robinhood Chain’s opening 92 days, when the network recorded $51.11 million in transaction fees.

About four-fifths of the period’s fees came in September. Robinhood received about $45.93 million, equal to 89.9% of the total. About 10% went to the Arbitrum ecosystem, while Ethereum settlement added roughly $69,000 in costs.

Average daily trading volume for tokenized stocks in September was 22 times the July level. The asset count stood at 96 at July’s end and reached 193 in a later tally.

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