Robinhood Unveils Three-Phase Plan for Tokenized Stocks in Europe

Robinhood’s European foray into tokenized stocks is significantly more ambitious than previously understood, with Offchain Labs outlining a three-phase roadmap for the project. The technical partner behind Robinhood’s tokenization system has revealed plans to allow users to withdraw and utilize tokenized equities on decentralized platforms. 800 U.S. equity tokens are currently available through Robinhood’s app in Europe, but these remain within the platform. The next phases will focus on expanding functionality and integrating with major exchanges like Bitstamp.