Robinhood’s Tokenized Stock Push Challenges Traditional Exchanges: Galaxy Digital
2025-07-05 12:44:49

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Description
Robinhood’s plan to tokenize stocks on its new Ethereum-compatible blockchain could draw trading activity away from traditional exchanges like the New York Stock Exchange, potentially undermining their revenues from trading fees and market data, Galaxy Digital stated in a recent report. At the EthCC conference this week, Robinhood CEO Vlad Tenev unveiled “Robinhood Chain,” an Ethereum-compatible layer-2 on Arbitrum Orbit, aimed at enabling users to trade tokenized derivatives of stocks directly ...
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