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Ethereum (ETH) Jumps as Robinhood Builds New Blockchain Using Arbitrum Technology

On June 30, Robinhood shares surged about 11% to a record $92 after announcing its crypto expansion and Layer-2 blockchain development.
Robinhood announced on June 30 its development of a Layer-2 blockchain on Arbitrum to support tokenized stocks, futures, and Ethereum staking, unveiled at the Ethereum Community Conference.
Robinhood launched over 200 US stock and ETF tokens, introduced perpetual crypto futures with up to 3× leverage, and started crypto staking for US users.
Starting June 30, Robinhood's app expands access to 200+ US stocks and ETFs across 30 EU and EEA countries, with 24/7 trading and self-custody, reaching 400 million people.
Robinhood's blockchain tokenization positions it at the intersection of traditional finance and decentralized tech, enabling faster, transparent trades and potentially transforming securities markets, experts say.

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unchainedcrypto.com

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Robinhood Is Building Its Own Layer 2 Blockchain

Trading platform Robinhood announced the development of its own layer 2 blockchain, designed to power the tokenization of real-world assets like stocks and exchange-traded funds (ETFs). The new blockchain will be based on the Arbitrum technology stack and is intended to support features like 24/7 trading, seamless bridging, and self-custody for tokenized assets. Robinhood shared its plans as part of a broader announcement of its tokenized stock …

3 days ago

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Benzinga

Center

What Are Stock Tokens And How To Trade Them? Robinhood's New Offering Merges Owning Stocks With Blockchain Tech: Here's How It Works - Apple (NASDAQ:AAPL), Robinhood Markets (NASDAQ:HOOD)

Robinhood Markets Inc. has launched Stock Tokens, an offering that blends traditional stock market investing with blockchain technology.

3 days ago·New York, United States

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Coin Desk

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Ethereum (ETH) Jumps as Robinhood Builds New Blockchain Using Arbitrum Technology

Ether rose 3.5% in 24 hours amid record ETF inflows, rising staking, and Robinhood's Arbitrum-based Layer-2 plans.

3 days ago·Manila, Philippines

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CNBC

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BizToc

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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

Robinhood rolled out tokenized shares of OpenAI and SpaceX to users in Europe, its first step toward making private equity broadly accessible via blockchain.

3 days ago·United States

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