Robinhood Unleashes Crypto-Powered Stock Tokens for EU Investors
Robinhood is transforming investment in Europe by launching tokenized U.S. stocks and ETFs, along with crypto futures and staking services.
Robinhood has launched over 200 tokenized U.S. stocks and ETFs for European Union investors, issued via the Arbitrum Layer 2 blockchain. The platform plans to migrate these assets to its own Ethereum-based Layer 2 blockchain tailored for tokenized real-world asset trading.
The new service allows EU-based users to trade stock tokens representing top U.S. companies such as Apple, Nvidia, and Microsoft. These tokens offer zero-commission trading and 24-hour access five days a week, complete with dividend eligibility.
Robinhood has also introduced crypto perpetual futures in the EU, offering up to 3x leverage, routed through Bitstamp, which Robinhood acquired for $200 million. Additionally, crypto staking is now available for eligible U.S. customers, starting with Ethereum (ETH) and Solana (SOL).
Following these announcements, Robinhood's stock (HOOD) surged 12.7%, reaching an all-time high of $94.24.
