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Robinhood announces an expanded offering of tokenized US stocks across Europe, crypto staking in US, a Layer 2 blockchain for real-world asset settlement, more (MacKenzie Sigalos/CNBC)

50d ago
Technology
Techmeme
Robinhood announces an expanded offering of tokenized US stocks across Europe, crypto staking in US, a Layer 2 blockchain for real-world asset settlement, more (MacKenzie Sigalos/CNBC)
Robinhood is significantly expanding its services, announcing several new initiatives. The company will now offer tokenized U.S. stocks to European users, allowing them to trade fractions of shares and access the U.S. market more easily. In the United States, Robinhood is introducing crypto staking, enabling users to earn rewards on their digital asset holdings. Furthermore, Robinhood is developing a Layer 2 blockchain solution designed for the settlement of real-world assets, aiming to streamline and reduce the cost of traditional financial transactions. These expansions mark a strategic move by Robinhood to broaden its user base and diversify its offerings in both traditional and digital finance.
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