Robinhood Plans Tokenized US Stocks for EU Users with Solana

By The Crypto Times
11 days ago
FIDA SOL ARB HOOD CEO

Robinhood is making bold moves to bridge European investors with U.S. stocks by exploring tokenization through Solana and Arbitrum. According to Bloomberg, the financial services firm is developing a platform that will offer EU users access to tokenized U.S. securities, bringing Wall Street closer to Main Street in Europe.

According to the report, Robinhood is partnering with a crypto-native financial firm and is currently considering Solana and Arbitrum to power the tokenization layer. While a final decision is still under wraps, the move aligns with Robinhood’s recent regulatory victories, including securing a brokerage license in Lithuania.

CEO Vlad Tenev believes tokenized securities could boost U.S. dominance in global markets. “Right now, it’s very difficult to invest in a U.S. company if you’re overseas,” he said. The new platform aims to change that by offering 24/7 access and improved liquidity.

This comes after the company released its earnings that surpassed Wall Street estimates, which puts Robinhood in a position to fund innovation. The clear regulations of the EU under the MiCA are also helpful for the firm to act swiftly.

If Robinhood decides to go with Solana or Arbitrum, both blockchains may experience increased usage, transaction fees, and adoption. Solana has been on the rise, especially after BlackRock launched its BUIDL fund on its blockchain.

This move marks a major step toward blending traditional finance with blockchain, potentially opening up U.S. markets to millions of new European investors. The tokenization wave is just getting started.

Also Read: Solana Name Service Launches SNS Token, Keeps 40% for Airdrop

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