Robinhood, the popular fintech brokerage, is making a bold move into the crypto space by launching tokenized versions of US stocks and ETFs for European users, while also announcing the development of its own blockchain network. This initiative aims to reshape how everyday investors access and trade traditional assets, blending the worlds of stocks and crypto in a user-friendly way.
What’s New?
• Tokenized Stocks for Europe:
European users can now trade over 200 US-listed stocks and ETFs as blockchain-based tokens, called “Stock Tokens.” These tokens are initially issued on Arbitrum, an Ethereum layer-2 network known for its speed and low fees. Trading is available 24 hours a day, five days a week, with zero commission fees. Investors will also receive dividend payments directly in the Robinhood app 3.
• Robinhood’s Own Blockchain:
Robinhood is building its own layer-2 blockchain, also based on Arbitrum technology, designed specifically for tokenized real-world assets. The new chain will support 24/7 trading, self-custody, and seamless cross-chain bridging, making it easier for users to manage and move their assets. While there’s no official launch date, insiders suggest it could go live by late 2025 or early 2026 .
• All-in-One Investment App:
The company vision is to create a single platform where users can invest in both traditional and digital assets, with features like around-the-clock trading, advanced charting, and smart order routing. This move positions Robinhood as a direct competitor to both traditional brokers and crypto exchanges.
• Perpetual Futures and Staking:
Robinhood is also rolling out perpetual futures contracts for European users, offering up to 3x leverage and a simplified trading interface. These trades are routed through Bitstamp, a crypto exchange Robinhood recently acquired. In the US, Robinhood is introducing crypto staking for Ethereum and Solana, allowing users to earn rewards without leaving the app .
• Private Equity Tokens:
The company announced plans to offer tokenized shares of private companies, starting with OpenAI and SpaceX, further expanding access to assets traditionally reserved for institutional investors .
Why Does This Matter?
Robinhood’s expansion into tokenized assets comes as the industry races to bring real-world assets like stocks, funds, and even real estate onto blockchain rails. Tokenization promises faster, cheaper, and more flexible trading, with the potential to unlock new investment opportunities for millions of people. According to industry forecasts, the market for tokenized assets could reach nearly $19 trillion by 2033.
The Competitive Landscape
Robinhood’s move follows similar launches by other major crypto exchanges, including Bybit, Kraken, and Gemini, all of which are rolling out tokenized stock offerings in Europe. Coinbase is also seeking regulatory approval to enter this space. However, unlike its rivals, Robinhood is building its own tokenization engine and blockchain, aiming for greater control and integration.
What’s Next?
Robinhood’s CEO, Vlad Tenev, emphasized the company’s commitment to working with regulators and bringing the entire Robinhood ecosystem on-chain. The new blockchain and expanded crypto features are expected to roll out gradually, with more details to come later this year.
