NEW research report from $170 billion asset manager WisdomTree today on the @Arbitrum business model. This was shared by @WisdomTreeFunds with their clients this week as I joined their team to speak with representatives from 12 figures of managed AUM across roundtables and 1:1s in Europe. From these meetings, I heard one theme louder than everything: tokenization across financial assets is accelerating and allocators are looking for the blockchain networks that are indexed to the revenue opportunity from this buildout. In this note, WisdomTree tells its clients “to expect future enterprises to look at Arbitrum when launching their own network”. They continue “until recently, digital assets did not have revenue in a traditional sense that an analyst would recognise. That has changed quickly. Increasingly, networks and the applications on them are building durable revenue."

Yesterday at Token2049: - @arbitrum and @galaxyhq brought together a room of investment firms, tradfi allocators and market analysts - Over 100 market participants wanting to join for this closed door gathering - A morning of conversations on monetization, economic models in crypto, and investment themes - Coinciding with a month just-ended where revenue to ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 holder-controlled treasury is up 5x vs prior months - Thank you to our friends at Galaxy and across the investment community who joined us in Singapore

Big week for @Arbitrum. You probably missed some of these but from my vantage point: - Arbitrum became the first blockchain to reach 5,000+ tokenized real world assets - Became the fastest growing chain for tokenized funds in the last month - @StanChart initiated coverage on Arbitrum - Was in NYC this week. Above traction + the revenue accruing to the ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 holder-controlled treasury was the talk of a lot of institutional / capital markets conversations - Crossed over $5M+ in revenue in the last 30 days What am I missing?

Today on Taking Stock | Oil and yields remain in focus to wrap a volatile Fed week. @Eric_Criscuolo on this week's price action + @itsbrendanma of @Arbitrum Foundation dives into what's actually moving on-chain. @jd_durkin has more after the close.

HUGE new research note from @StanChart on Arbitrum just now! They forecast 250x increase in the tokenized equity market by 2028 with @Arbitrum at a “unique advantage” with a business model to “help TradFi operators move on-chain”. Standard Chartered is a major international bank with over $900 billion in assets. This is the note sent to clients this morning.

HUGE new research note from @StanChart on Arbitrum just now! They forecast 250x increase in the tokenized equity market by 2028 with @Arbitrum at a “unique advantage” with a business model to “help TradFi operators move on-chain”. Standard Chartered is a major international bank with over $900 billion in assets. This is the note sent to clients this morning.

With Stock Tokens TVL reaching over $170M and nearly $50B in DEX volume on the Robinhood Chain, we are getting more questions about what they are and how they work. All Robinhood Stock Tokens are backed 1:1 with real shares in secure custody. And Stock Tokens receive the economic equivalent of dividends and corporate actions returns reinvested into their holdings. In other words, when a new Stock Token is minted, we buy a real share of the company at the same time. What about in-kind redemption and voting rights? Not yet, but they’re coming. Step one is to scale adoption of Stock Tokens. We’re actively working on redemptions for shares 1:1 with voting for eligible Stock Token holders on the roadmap. We know how to do this well: we run a shareholder engagement platform, Say by Robinhood, which allows shareholders to participate in actions like voting. What about the technology? We built Stock Tokens to be composable, which allows developers to build new innovative offerings like we have seen the past few weeks, with many that we have yet to discover. What am I the most excited about? Billions of people in the world don't have access to U.S. investment assets. With Stock Tokens, that era is ending. Any eligible customer with a phone and an internet connection can now get exposure to the most exciting market in the world.

Arbitrum is now the king of the RWA sector. According to CryptoNews, @arbitrum is officially the first blockchain to host more than 5,000 different RWAs on its network. It now sits well ahead of @Avax, @plumenetwork, @Optimism, and even giants like @Ethereum and @Solana. With @RobinhoodCrypto's recent traction, Q3 2026 has been GOOD to the Arbitrum ecosystem...

The story continues Arbitrum is now the third biggest platform by revenue, all of which goes back to the token-controlled treasury. Robinhood Chain stands at the second biggest, capturing ~90% profit margins on all txs flowing through their dedicated Arbitrum chain.