Robinhood Expands Tokenization Push With EU Stock Tokens and Layer-2 Blockchain
Robinhood has launched a tokenization-focused layer-2 blockchain on Arbitrum, enabling the issuance of over 200 US stock and ETF tokens for European investors. Stock tokens will have zero commissions and be available for trading 24/7. The company also introduced perpetual futures in the EU, allowing eligible traders to access derivatives with up to three times leverage, routed through Bitstamp, which Robinhood acquired for $200 million. This initiative follows the launch of micro futures contracts for Bitcoin, XRP, and Solana. Robinhood has proposed a national framework for Real World Assets (RWAs) to the SEC and plans to establish the Real World Asset Exchange for offchain trading with onchain settlement. The RWA market has grown to over $24 billion, although tokenized stocks represent less than $400 million of this total.
