Live From ETHCC Robinhood Launches Tokenized OpenAI Access
2025-07-01 21:40:45
Main Idea
Robinhood announced the launch of tokenized shares for private companies like OpenAI and SpaceX at ETHCC, marking a significant step in expanding access to tokenized real-world assets for retail investors, particularly in Europe.
Key Points
1. Robinhood unveiled tokenized stocks for private companies such as SpaceX and OpenAI, available to eligible EU customers via Arbitrum, an Ethereum Layer-2 solution.
2. The move positions the EU as the first major market to experience tokenized real-world assets at scale through a consumer-facing platform.
3. Robinhood's shares surged 11–13% following the announcement, reflecting strong investor confidence.
4. The company is expanding its crypto ecosystem, including crypto staking for Ethereum and Solana in the U.S. and incentives like deposit bonuses for EU users.
5. Analysts suggest tokenized assets could reach $13.55 trillion by 2030, with Robinhood competing against platforms like Coinbase and Kraken to lead the market.
Description
Robinhood launches tokenized U.S. stocks, giving EU users easier access to top assets like Apple, Nvidia, and OpenAI.
Latest News
- Bitcoin Price On The Brink As Congress Introduces A New ‘Groundbreaking’ Crypto Bill2025-07-04 11:45:43
- Year Of The Spider: Enter The Botanix EVM-Compatible Bitcoin Layer 22025-07-04 05:46:34
- The Difference Between Bitcoin Mortgages And Bitcoin-Backed Loans2025-07-04 05:41:25
- Brazil Leads Crypto ETF Race With New Hybrid Bitcoin/Gold Product2025-07-04 05:40:41
- GameStop And Trump's Bitcoin Buys: What It Means For Future Institutional Crypto Adoption In 20252025-07-04 05:40:40