Robinhood Pioneers Crypto Revolution with U.S. Stocks for EU Traders

Robinhood has embarked on an innovative venture, announcing the launch of commission-free tokens that empower its European Union customers to trade over 200 U.S. stocks and exchange-traded funds, including big names like Nvidia, Apple, and Microsoft.

The new tokens, issued through a partnership with Arbitrum, will enable these trades around-the-clock, five days a week, marking a significant shift in traditional trading paradigms by combining them with crypto-like dynamics. This move comes as global interest in the U.S. stock market intensifies, driven by the growth of tech giants and AI advancements.

After successfully launching these tokenized equities, Robinhood plans to further develop its own blockchain to expand trading hours to 24/7. This development, alongside new product offerings such as crypto perpetual futures and staking options, positions Robinhood at the forefront of expanding crypto-influenced investment options for both EU and U.S. customers.

(With inputs from agencies.)