EddieJayonCrypto
8 May 25
Robinhood is developing blockchain infrastructure to enable European retail investors to trade US securities, considering Arbitrum and Solana as potential blockchain platforms. The project aims to tokenize US equities for trading on a public blockchain, offering benefits like near-instant settlement...
Robinhood is developing blockchain infrastructure aimed at allowing European retail investors to trade tokenized US securities, with Solana and Arbitrum being considered as potential platforms. The initiative seeks to tokenize US equities on a public blockchain, promising benefits such as near-instant settlement, reduced costs, and increased transparency throughout the trade lifecycle. Robinhood recently secured a brokerage license in Lithuania, enabling it to offer stock trading and investment services across the European Union, while simultaneously pursuing the acquisition of crypto exchange Bitstamp to expand its crypto and derivatives offerings in the region. Discussions about the project are ongoing, with no final decisions made regarding the technology partner or launch timeline. Tokenizing securities could position Robinhood to blend traditional equity markets with cutting-edge digital asset infrastructure, leveraging blockchain technology to enhance cross-border trading efficiency. The choice between Arbitrum and Solana will affect key factors like network throughput, transaction fees, smart contract functionality, and Ethereum Virtual Machine compatibility, shaping the platform’s capabilities. Robinhood CEO Vlad Tenev has articulated support for tokenized securities, especially in the context of private company stocks, signaling a strategic vision to innovate within the securities trading ecosystem using blockchain technology.