Robinhood Launches Layer-2 Blockchain for Stock Trading in Europe
Robinhood, the digital brokerage platform, has expanded its services to Europe with a layer-2 blockchain built on Arbitrum. This innovation allows European investors to trade tokenized US stocks and ETFs with zero commissions and 24/5 availability.
Key Features of Robinhood’s New Offering
- Over 200 US stocks and ETFs available through tokenization
- Zero commission trading with 24/5 access
- Perpetual futures offering up to three times leverage for eligible traders
Strategic Expansion in the Crypto Space
After acquiring Bitstamp for $200 million, Robinhood now routes perpetual futures trades through this platform. The company is also pushing for a US national framework for real-world asset (RWA) tokenization.
The Growing Tokenized Asset Market
A RedStone report shows the RWA market has surpassed $24 billion, with tokenized stocks accounting for under $400 million. Robinhood’s move signals growing convergence between traditional finance and blockchain technology.
