Robinhood Plans to Launch Layer 2 Blockchain and Offer "Stock Token" Business in the EU
OdailyJun 29, 2025Online brokerage Robinhood has announced that it will allow EU customers to trade US stocks and ETFs on the blockchain. These assets, called "Robinhood Stock Tokens," will enjoy zero commission, and holders will receive dividends within the broker's application. In addition, Robinhood plans to transfer these tokenized stocks to its own Layer 2 blockchain, which is said to be "based on Arbitrum," and transaction processing speeds will generally be faster and more efficient. (Fortune) [Odaily Planet Daily]
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Robinhood Plans to Launch Layer 2 Blockchain and Offer "Stock Token" Business in the EU
OdailyJun 29, 2025Online brokerage Robinhood has announced that it will allow EU customers to trade US stocks and ETFs on the blockchain. These assets, called "Robinhood Stock Tokens," will enjoy zero commission, and holders will receive dividends within the broker's application. In addition, Robinhood plans to transfer these tokenized stocks to its own Layer 2 blockchain, which is said to be "based on Arbitrum," and transaction processing speeds will generally be faster and more efficient. (Fortune) [Odaily Planet Daily]
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