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Robinhood Rolls Out ETH and SOL Staking In the U.S.

  • Robinhood has introduced Ethereum (ETH) and Solana (SOL) staking for U.S. users within its app, eliminating the need for external wallets or complex setups.
  • This move is part of Robinhood's strategy to expand crypto and tokenized asset services globally, making it easier for users to generate passive income from crypto.
  • In addition to ETH and SOL staking, Robinhood has also launched micro futures products for XRP and Solana, aimed at increasing access to crypto derivatives trading.
  • Robinhood has submitted a proposal to the SEC for regulations on real-world tokenized assets and is developing a Layer 2 blockchain to support broader asset tokenization, potentially transforming into a comprehensive digital ecosystem.

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