Robinhood Plans to Build Blockchain Tokenization Platform to Enable EU Investors to Access U.S. Stocks
0
0

The post Robinhood Plans to Build Blockchain Tokenization Platform to Enable EU Investors to Access U.S. Stocks appeared first on Coinpedia Fintech News
- Robinhood’s Q1 earnings report showed that the company is heavily reliant on crypto trading, despite a drop in QoQ trading volume.
- The trading platform is likely to tap into Solana (SOL) and Arbitrum (ARB) chains for its planned development.
Robinhood Markets, Inc. (NASDAQ: HOOD), an established electronic trading platform, is ostensibly planning to develop a blockchain tokenization platform to enable European retail investors to participate in the United States securities market. Reportedly, Robinhood plans to collaborate with Arbitrum (ARB) and Solana (SOL) networks to enable the tokenization of U.S. securities.
Currently, Robinhood provides cryptocurrency trading services to several EU countries and stock trading services to retail investors in the United Kingdom. Once finalized, the new tokenization platform by Robinhood will help democratize the mainstream adoption of U.S. securities via the blockchain technology.
Robinhood Taps Blockchain to Remain Profitable
In the recently released first-quarter earnings report, Robinhood noted that crypto trading remained a significant contributor to its overall revenue. During the first three months of 2025, Robinhood reported a revenue of about $252 million from crypto trading services.
However, Robinhood highlighted that its crypto trading services dropped by 35 percent from the fourth quarter of 2024.
As a result, the trading platform is compelled to diversify its products to ensure a sustainable revenue source for its shareholders. The company has laid significant emphasis on blockchain technology to ensure transparency and seamless adoption of its services globally.
Last month, Robinhood secured a brokerage license in Lithuania, which will play a crucial role in its entry into the EU market, particularly in the tokenization and trading of U.S. stock securities.
Furthermore, Robinhood acquired Bitstamp cryptocurrency exchange to enhance its legalities in more jurisdictions in the near future.
0
0
Securely connect the portfolio you’re using to start.