Robinhood introduces a new blockchain network powered by Arbitrum for European customers to trade tokenized US stocks and ETFs 24/7 with zero commission fees.
The blockchain network offers features like self-custody, cross-chain asset bridging, and fast, low-cost transactions for more than 200 U.S. equities and ETFs.
European users will gain access to tokenized stocks, perpetual swaps, and crypto staking on Robinhood, enhancing its digital asset offerings.
The move by Robinhood to offer tokenized assets to European investors aligns with a broader trend in the industry, aiming to provide lower settlement costs and enhanced liquidity.