Robinhood Launches Stock Tokens, Reveals Layer 2 Blockchain, and Expands Crypto Suite in EU and US with Perpetual Futures and Staking

Core Insights - Robinhood is launching a suite of new products aimed at expanding its services in the EU and EEA, including crypto staking, stock and ETF tokens, and crypto perpetual futures [4][5][10] Product Launches - Crypto staking is now available for eligible US customers, starting with Ethereum and Solana, and is also accessible to all Robinhood customers in the EU and EEA [10] - Robinhood has introduced US stock and ETF tokens in the EU, allowing European customers to access over 200 US equities with zero commissions and dividend support [6][7] - The company is launching crypto perpetual futures in the EU, offering eligible customers access to derivatives with continuous exposure and up to 3x leverage [8][9] Technological Developments - Robinhood is developing its own Layer 2 blockchain to facilitate the tokenization of real-world assets, which will support 24/7 trading and self-custody [7] - The stock tokens will initially be issued on Arbitrum, with plans to transition to the Robinhood blockchain in the future [7] Strategic Goals - The company aims to democratize access to investing by making crypto and traditional financial products more accessible and user-friendly [5][6] - Robinhood's initiatives are positioned to make crypto a foundational element of the global financial system [5]