Robinhood Launches Tokenized Stocks on Arbitrum
Robinhood Launches Tokenized Stocks on Arbitrum
🤖 Robinhood Goes Full Crypto
Robinhood has announced a significant expansion into blockchain technology through a partnership with Arbitrum. The company will:
- Launch 200+ tokenized US stocks and ETF tokens on Arbitrum One
- Initially target EU customers through the Robinhood app
- Develop a dedicated Robinhood Layer 2 blockchain using Orbit stack
The integration aims to provide EU users with a familiar trading experience, now backed by blockchain technology. This marks a strategic move to merge traditional finance with DeFi infrastructure, potentially bringing millions of new users to the crypto ecosystem.
Learn more: Arbitrum Blog
Robinhood launching on Ethereum affirms Ethereum’s role as the settlement and security layer for onchain finance while further validating the entire RWA category. Big congrats to both @RobinhoodApp and @arbitrum on this major milestone!
Starting today, @RobinhoodApp will launch tokenized stocks on Arbitrum One, and later - a Robinhood Layer 2 blockchain utilizing the Orbit stack. Robinhood will be issuing 200+ US stock and ETF tokens on Arbitrum One, for EU customers directly in their Robinhood app. To their
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