Robinhood is expanding its crypto offerings by developing a layer-2 (L2) blockchain on Arbitrum, aimed at optimizing real-world assets such as tokenized stocks. Initially, these tokenized stocks and ETFs will be available exclusively to users in the European Union, with over 200 options available, and users will receive dividends for holding these tokens. The platform also plans to introduce perpetual futures, albeit with a qualified trader requirement. Robinhood is working to ensure compliance while making these features accessible. For US users, the company will roll out Ethereum and Solana staking, along with the ability to choose tax lots for crypto trades, similar to a feature launched in Europe a year prior. The L2 aims to facilitate 24/7 trading and self-custody options as Robinhood seeks to further integrate decentralized finance (DeFi) into its platform. Overall, Robinhood envisions a more user-friendly approach to cryptocurrency trading, enhancing its service suite for both EU and US users.

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