Robinhood is making important progress in Europe by offering tokenized U.S. stocks and ETFs, as well as new crypto futures and staking services.
The company has introduced more than 200 tokenized stocks and ETFs for investors in the European Union, using the Arbitrum Layer 2 blockchain for these transactions.
In the future, Robinhood plans to move these assets to its own Ethereum-based Layer 2 blockchain, which is made for trading tokenized real-world assets.
This new service lets EU investors trade stock tokens that stand for shares in top U.S. companies, such as Apple, Nvidia, and Microsoft. One major benefit of these tokenized stocks is that they allow users to trade without paying any fees.
