Robinhood Explores Tokenized U.S. Stocks for European Investors

Robinhood, the popular US trading platform, is developing a blockchain-based system to allow European retail investors to trade tokenized US securities, including stocks. Bloomberg reports this initiative will be launched in partnership with a digital asset provider and that Arbitrum and Solana are under consideration for the blockchain infrastructure. 🚀 This move follows Robinhood’s acquisition of a brokerage license in Lithuania, which opens doors for significant product expansion within the European Union. While previously limited to cryptocurrency trading, the platform is now venturing into traditional stock market offerings, signaling a strategic shift towards global growth and market dominance.