Robinhood has introduced tokenized stock trading and crypto perpetual futures for users in Europe. Utilizing the Ethereum layer-2 scaling network Arbitrum, the platform enables European users to trade U.S.-listed stocks and exchange-traded funds as tokens. This feature aims to reduce the costs associated with accessing U.S. assets by eliminating intermediaries, charging only a 0.1% foreign-exchange fee. Aimed at crypto enthusiasts, Robinhood's app is also launching perpetual futures with up to 3x leverage, analyzing the growing market for derivatives. In addition, Robinhood plans to launch its bespoke Ethereum layer-2 network focused on real-world assets, catering to advanced traders and easing the trading process with a self-custody option for tokenized assets. Robinhood’s recent features are consistent with the company's goal of competing with major crypto exchanges. Furthermore, users in the U.S. will gain access to stake Ethereum and Solana, expanding the platform's crypto offerings significantly across various regions in Europe after securing a Markets in Crypto Assets license.

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