Robinhood Plans Blockchain-Based Trading for US Securities in Europe: Report

Description

Robinhood is developing a blockchain-based platform that will allow retail investors in Europe to trade US securities, including stocks. Bloomberg reported Wednesday that the initiative will likely be launched in partnership with a digital-asset firm. Both Arbitrum, a blockchain overlaid on Ethereum, and Solana have been under consideration for the collaboration, though discussions are still ongoing. This move to offer tokenized US securities aligns with a broader trend in the financial industry...