Robinhood Plans Blockchain Platform to Enable European Trading of U.S. Securities
Robinhood is reportedly developing a blockchain-based platform aimed at allowing European retail investors to trade tokenized U.S. securities, such as stocks. This initiative is part of the company’s strategy to expand its presence in the European market.
The fintech firm has secured a brokerage license in Lithuania, facilitating its operations across the European Union. The planned platform would tokenize real-world assets, enabling more efficient and accessible trading for investors.
Robinhood is considering partnerships with blockchain networks like Arbitrum and the Solana Foundation to support this project. Tokenizing securities can offer advantages such as reduced costs, enhanced accessibility, and faster settlement times.
This move aligns with Robinhood’s broader efforts to innovate in the financial sector, following its acquisition of crypto exchange Bitstamp in 2024. The company aims to leverage blockchain technology to streamline trading processes and expand its global reach
