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With the launch, Robinhood is expanding its crypto-focused EU app with tokenized stocks into an "all-in-one investment app powered by crypto," the company said in a release shared with CoinDesk.
With this launch, Robinhood’s European app transitions from a solely crypto-focused app to a comprehensive investment platform powered by crypto, marking a significant expansion.
Robinhood said tokenized stocks will soon be facilitated by its layer two blockchain. It said the technology, currently in development, will support 24/7 trading.
Robinhood shares near all-time highs as its crypto and blockchain bets fuel a 137% year-to-date surge, despite growing regulatory scrutiny in Europe.
Robinhood Pushes Deeper Into Crypto With Own Blockchain, Tokenized Stock Launch The tokenized versions of U.S.-listed stocks and ETFs will first be available to EU users and issued on Arbitrum ...
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 10.5% in the afternoon session after Bank of America raised its price target on the stock as the company announced a major expansion ...
Robinhood hits all-time high as aggressive expansion drive powers rally Robinhood launches a suit of crypto products, triggering an immediate stock rally.