US Edition
Robinhood Launches Tokens Allowing EU Users to Trade in US Stocks
EUROPEAN UNION, JUN 29 – Robinhood offers commission-free trading of over 200 tokenized U.S. stocks and ETFs on the Arbitrum blockchain, enabling flexible trading hours for European investors, CEO Vlad Tenev said.
- On Monday, Robinhood unveiled a new feature allowing customers in 30 European countries to trade digital representations of U.S. stocks and ETFs with access to trading around the clock.
- This expansion builds on Robinhood’s strategy to integrate traditional finance with blockchain technology, driven by regulatory licensing and its presence at the Ethereum Community Conference in Cannes.
- The firm also revealed crypto staking in the U.S. for Ethereum and Solana, perpetual futures in Europe with up to 3x leverage, and the development of a new Layer 2 blockchain based on Arbitrum for 24/7 tokenized asset trading.
- Robinhood's shares have more than doubled this year, and CEO Vlad Tenev emphasized that their new products are designed to position cryptocurrency as a fundamental element of the worldwide financial infrastructure.
- This move broadens access to U.S. equities for European investors and suggests growing competition in asset tokenization, with Robinhood aiming for thousands of stock tokens by year-end.
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46 Articles
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Cryptocurrency News | Cryptocurrency Prices | Market CapRobinhood shares soar as new crypto stock tokens open doors to overseas investors
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Robinhood is breaking new ground in its global crypto push — and this time, it’s giving retail investors access to names that were once off-limits. The company announced Monday that it has launched tokenized versions of over 200 U.S. stocks […] The post Robinhood launches tokenized stocks in Europe, letting EU users trade U.S. shares including OpenAI and SpaceX first appeared on Tech Startups.
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