Robinhood is set to launch a new platform in the European Union offering tokenized U.S.-based securities for trading with 24/7 market access.
The platform may use the Solana or Arbitrum blockchain to support tokenization of securities to enhance trading efficiency and liquidity.
Considering Solana, known for speed and low fees, Robinhood aims to leverage its infrastructure for continuous trading, benefiting from the blockchain's high transaction speeds.
By exploring options like Solana and Arbitrum, Robinhood is positioning itself to expand its presence in the EU and provide access to US equities through blockchain technology.