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crypto.news 2025-05-07 19:33:03

Robinhood plans tokenized U.S. stocks for European investors: report

Robinhood Markets Inc. is building a blockchain-based platform to allow European investors to trade tokenized U.S. securities, according to Bloomberg. The initiative will likely involve a partnership with a digital-asset firm, with Arbitrum ( ARB ) and Solana ( SOL ) being considered as blockchain infrastructure options, according to Bloomberg reporting . Discussions are ongoing and no agreement has been finalized. Robinhood and the blockchain entities declined to comment. Tokenized securities — digital representations of traditional financial assets—are gaining traction as global financial firms explore ways to reduce trading infrastructure costs and increase transparency. A report from the Global Financial Markets Association estimates distributed ledger technology could save up to $20 billion annually in global clearing and settlement costs. You might also like: SEI breaks out of falling wedge: is a major shift underway? Robinhood’s expansion into Europe Robinhood has already begun laying the groundwork for broader financial services in Europe. In April, the company secured a brokerage license in Lithuania, granting it access to the EU investment market. It also agreed to acquire crypto exchange Bitstamp, a deal that could expand its offerings to include crypto-linked derivatives through Bitstamp’s multilateral trading facility license. Robinhood joins major institutions such as BlackRock, Franklin Templeton, and Apollo in exploring tokenized assets. BlackRock’s tokenized fund BUIDL has already attracted over $2 billion since launching in 2023, signaling growing institutional confidence in blockchain-based financial products. You might also like: Global leaders convene in Warsaw to shape the future of blockchain economy

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