365int
Robinhood just made a big move in Europe. Users there can now trade tokenized U.S. stocks and ETFs on Arbitrum, an Ethereum scaling network.
They’re also getting crypto perpetual futures—basically high-risk, high-reward crypto contracts with up to 3x leverage.* It’s all part of turning Robinhood’s app into a one-stop crypto investment hub.
Even cooler? Robinhood is building its own Ethereum layer-2. It’s custom-made for trading real-world stuff like stocks—on the blockchain.
“We wanted something EVM-compatible,” said Johann Kerbrat, Robinhood Crypto’s GM. “Putting stocks on-chain breaks the old system.”
Perpetual futures won’t settle like traditional contracts. Instead, trades run through Bitstamp—yep, the exchange Robinhood just bought for $200 million.
Europeans also get crypto staking. U.S. users can stake Ethereum and Solana too, thanks to recent SEC clarity.*
Robinhood’s trying to kill those sneaky fees European investors face. It’ll use its famous zero-commission model—just a 0.1% FX fee.
And soon, you can even self-custody your tokenized stocks with Robinhood’s wallet. No need for private key headaches in the app though.
Oh, and there’s more: a crypto cash-back credit card is coming, along with tax tools to keep Uncle Sam off your back.
*Perpetual futures = crypto contracts with no expiration
*Staking = earning rewards by locking crypto in a network
