Robinhood has commenced offering tokenized versions of over 200 US stocks and exchange-traded funds (ETFs) on its layer-2 blockchain built on Arbitrum, specifically targeting European investors.
The platform provides commission-free trading and allows investors to trade these assets 24/7, expanding access beyond traditional market hours. This move taps into the burgeoning tokenized real-world asset (RWA) market, which achieved a total value exceeding $24 billion last year.
Complementing its tokenized equities, Robinhood will integrate perpetual futures contracts for the European market. This service is facilitated by its recent acquisition of the Bitstamp exchange, enhancing liquidity and risk management options available to users.
The company is actively advocating for the development of a national regulatory framework for RWA tokenization within the United States. Alongside its market initiatives, Robinhood has announced plans to establish a Real World Asset Exchange, aiming to set new standards for transparency and efficiency in the tokenization process.
This strategic expansion into tokenized traditional assets and crypto derivatives solidifies Robinhood’s position as a significant bridge connecting conventional finance with blockchain technology across European markets.