US EditionRobinhood 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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Cryptocurrency News | Cryptocurrency Prices | Market CapRobinhood shares soar as new crypto stock tokens open doors to overseas investors
The stock tokens give E.U. investors exposure to hundreds of U.S. stocks, as well as to private companies SpaceX and OpenAI. Article Attribution | Read More at Article Source The post Robinhood shares soar as new crypto stock tokens open doors to overseas investors appeared first on RocketNews.
Robinhood launches tokenized stocks in Europe, letting EU users trade U.S. shares including OpenAI and SpaceX - Tech Startups
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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