Robinhood Launches Blockchain-Based Stock Trading in Europe

Robinhood is expanding its reach by launching a blockchain platform for trading U.S. stocks in Europe. The initiative, spearheaded by CEO Vlad Tenev, aims to increase accessibility and potentially disrupt the traditional financial landscape. Robinhood seeks to merge traditional finance with blockchain technology by partnering with networks such as Arbitrum and Solana for infrastructure support. This move might broaden access for European traders to U.S. stocks, boosting demand for equities. The project’s success could impact DeFi protocols and stablecoins. While institutional investors are showing interest similar to BlackRock’s efforts, final decisions on blockchain partners remain pending. This move reflects a growing trend of institutional involvement in blockchain-based financial solutions. Vlad Tenev, CEO of Robinhood, believes the tokenized equities will democratize investing for European clients.