July 6, 2025 05:00 PM GMT The Fintech Radar | Europe SpaceX and OpenAI stock tokens? This week we recap Robinhood's stock tokens launch and OpenAI's subsequent response, Peter Thiel-backed Erebor bank, Circle and Wise applying for US banking licenses, latest M&A and fundraises, and more… M&A / Fundraises: #1 Revolut to acquire BNP-owned Argentinian bank Banco Cetelem for undisclosed amount: This week (30th of June), Revolut confirmed plans to acquire Banco Cetelem, a small local bank owned by BNP Paribas, a ...

Core Insights - Robinhood Markets experienced significant activity in June, launching new features, completing an acquisition, and reporting strong monthly operating metrics, leading to a stock price increase of over 41% [1] Group 1: New Features and Acquisitions - Robinhood introduced several new features, including stock "tokens" for European users and an AI-enhanced analytical tool called Cortex Digests, aimed at increasing user engagement on its trading platform [5] - The company completed the acquisition of Bitstamp, a global cryptocurrency exchange, which enhances Robinhood's crypto offerings and expands its operational capabilities with over 50 active licenses worldwide [6] Group 2: Monthly Operating Metrics - In May, Robinhood reported a substantial increase in total assets on its platform, which rose by 89% year over year to $255 billion [4] - Trading volumes also saw significant growth, with stock trading volumes more than doubling to over $180 billion, options contracts increasing by 36% to nearly the same amount, and a 65% rise in crypto activity to just under $12 billion [4] Group 3: Market Reactions - Speculation regarding Robinhood's potential inclusion in the S&P 500 index led to initial investor excitement, but the announcement that the index would remain unchanged resulted in a sell-off of Robinhood shares [2] - Despite the volatility in the crypto market, Robinhood's position as a trading platform may insulate it from direct impacts, allowing it to focus on growth opportunities [7][8]

An OpenAI social media post reportedly impacted Robinhood’s stock price and set off a debate about the stock tokens Robinhood announced Monday (June 30).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“These ‘OpenA ...

Robinhood CEO says OpenAI and SpaceX ‘stock tokens’ are derivatives rather than equity after pushback from Sam Altman’s firm https://t.co/jBD6xJxXxI ...

Confirmed by Robinhood - Indirect ownership through their share of an SPV:https://t.co/rXarPa4xAtRobinhood Comms (@RobinhoodComms):To cap off our recent crypto event, we announced a limited Stock Token giveaway on OpenAI and SpaceX to eligible European customers. These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a ...

Equities on crypto rails, powered by @arbitrum & @RobinhoodApp 👇 https://t.co/O8FkFLZPmFVlad Tenev (@vladtenev):Turns out the OpenAI stock token transaction did indeed succeed! 🙌https://t.co/aOIN4Aug1c ...

RT Apoorv (@apoorvanand99)To elaborate more on this —1/ Robinhood EU 🇪🇺- RH expands to the EU bringing a total of 31 countries- Perpetual futures (3x leverage, TP/SL on chart)- Micro & long-dated futures coming soon- Stock tokens with dividends, zero commission, 0.1% FX fees (US ➝ EU) ...

I mean, what we really announced in the EU is first, we're expanding and we're live now in 31 countries across the continent. And we're we're solving two things with our tokenize, with our stock tokens. One is giving our EU customers exposure to U.S. equities, which is something which is one of the most requested features.The second is really demonstrating the beginnings of what we believe is the future of the financial system. We think that crypto and traditional finance will eventually fully merge and the ...

Vlad, good to see you here from uh France and your big product unveil. Almost didn't recognize you there on camera. The sun is has set over there in France.Good to see you as always. So, you heard Josh in the leadup here, Vlad Rolling are discussing the importance of tokenized trading. Now, your stock is ripping higher here on this news.Why do you think this is so important and why did you uh have to get a first mover advantage getting this on the ground. Thank you for having me. And and by the way, I shoul ...

On today’s episode of CNBC Crypto World, bitcoin trades flat to kick off the week as stocks close out the month with even more record highs. Plus, Ripple CEO Brad Garlinghouse says the firm will withdraw its cross appeal against the SEC. And, Johann Kerbrat, general manager of Robinhood Crypto, discusses the retail trading platform’s launch of stock tokens, which will allow EU customers to get exposure to the U.S. stock market. Chapters: 00:00 - CNBC Crypto World, June 30, 2025 0:23 - Crypto markets mixed 1 ...