Online brokerage and trading platform Robinhood unveiled on Monday that it will be offering EU users the chance to invest in more than 200 tokenized versions of U.S. stocks.

"We've launched U.S. stock and ETF tokens in the EU, giving eligible customers exposure to US equities," the company said in a blog post. "European customers will have access to 200+ US stock and ETF tokens. Stock token holders will also receive dividend payments directly in their app."

Offering traders the chance to invest in digital tokens that track the price of popular U.S. equities is considered a major growth area by many in the digital assets industry, potentially worth billions of dollars.

Other announcements included Robinhood launching perpetual futures in the EU and the staking of Ethereum and Solana in the U.S. The company also said it is developing its own Layer 2, which is based on Arbitrum.

Robinhood's shares traded up more than 8% to $90.49 at publication time, a new all-time high according to The Block's HOOD price data.

This is a developing story.