Robinhood has launched a game-changing tokenized stock trading platform in Europe, signaling a major move into real-world asset (RWA) tokenization. The popular trading app unveiled a custom layer-2 blockchain built on Arbitrum, enabling users across the EU to trade over 200 tokenized US stocks and ETFs with zero commission and 24/5 availability.

This bold expansion allows European investors to gain seamless, blockchain-based exposure to US financial markets. Alongside the new trading layer, Robinhood also introduced perpetual futures with up to 3x leverage for eligible users. These trades will be routed through Bitstamp, which Robinhood acquired for $200 million earlier this year.

Robinhood is not the first to experiment with tokenized equity in Europe. Gemini, for example, already offers tokenized shares of MicroStrategy (MSTR). However, Robinhood’s move marks a larger-scale push with real-time, around-the-clock stock token trading.

This latest rollout follows a series of strategic crypto-focused moves by the company. Robinhood recently introduced micro futures for Bitcoin, XRP, and Solana, making crypto derivatives more accessible. It also acquired WonderFi in Canada for $179 million to expand its digital asset offerings.

Meanwhile, the company has been lobbying for clearer regulations in the US. Robinhood submitted a proposal to the SEC advocating for a national framework around tokenized assets and plans to launch the Real World Asset Exchange — a platform that would allow offchain trading with onchain settlement.

While the RWA market recently surpassed $24 billion, most of that growth has come from tokenized US Treasury products and private credit. Tokenized equities still represent a small portion, under $400 million — a gap Robinhood clearly intends to close.