Robinhood has launched a tokenization-focused layer-2 blockchain on the Arbitrum network, enabling European users to trade tokenized US stocks and ETFs. This initiative marks a significant expansion of Robinhood's offerings, providing users access to over 200 US stock and ETF tokens without commissions and available for trading 24/5. Additionally, the platform has introduced perpetual futures in the EU, allowing eligible traders to venture into derivatives trading with up to three times leverage, routed through crypto exchange Bitstamp. This move follows the growing trend of tokenization in financial markets, with acknowledgment that other platforms, such as Gemini, have also begun to offer tokenized shares. Robinhood's push coincides with its advocacy for legislation regarding real-world assets (RWAs) in the United States, with plans for a Real World Asset Exchange designed for off-chain trading with on-chain settlement.

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