Robinhood plans blockchain for US asset trading in Europe — Report
Robinhood is developing a blockchain network to enable European retail investors to trade US securities through tokenized assets. The initiative aims to enhance its presence in Europe by offering trading of tokenized securities, with crypto firms Arbitrum and the Solana Foundation interested in partnership. Tokenization can reduce costs, improve accessibility, and expedite transactions compared to traditional financial systems. Robinhood has acquired a brokerage license in Lithuania to operate across the EU and plans to purchase crypto exchange Bitstamp. CEO Vladimir Tenev highlighted the efficiency of token creation compared to the IPO process. On May 7, Robinhood shares rose 2.7%, despite a reported 8.6% revenue decline in Q1 2025, surpassing Wall Street estimates. No agreements have been finalized with Arbitrum or Solana, and both parties declined to comment. Traditional financial firms are increasingly exploring blockchain solutions.
