Robinhood has launched tokenized U.S. stocks and ETFs for its European customers, marking a significant expansion of its blockchain and tokenization efforts. This initiative allows European users to access U.S. financial markets through blockchain integration with Arbitrum, enhancing global access to tokenized assets.
Despite this move into blockchain technology, Robinhood has decided against allocating crypto assets to its corporate treasury. The company's focus remains on technological innovation and expanding access to tokenized financial products, rather than investing in cryptocurrencies. Market reactions have been positive, reflecting confidence in Robinhood's technological advancements.
Robinhood Introduces Tokenized Stocks in Europe, Shuns Crypto Treasury
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