Robinhood launches layer-2 blockchain for stock trading in Europe

Robinhood is offering tokenized US stocks and ETFs on the Arbitrum blockchain to users in Europe.

Robinhood’s push into real-world assets (RWAs) is gaining momentum, with the digital brokerage launching a tokenization-focused layer-2 blockchain and introducing stock token trading for users in the European Union.

Built on Arbitrum, the new layer-2 network will enable the issuance of over 200 US stock and exchange-traded fund (ETF) tokens, giving European investors access to US assets, Robinhood announced on Monday.

Robinhood’s stock tokens will have zero commissions and be available for trading 24 hours a day, five days a week.

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