Robinhood is set to make a daring entrance into decentralized finance by developing a blockchain-based platform that would enable European Union investors to trade tokenized US securities. The initiative represents a major effort to democratize access to more than 8,000 US-listed stocks and ETFs through blockchain infrastructure.
The firm is said to be considering using like Solana, Arbitrum, and Ethereum to drive the platform. The move comes after Robinhood’s well-received earnings announcement, European regulatory progress, and the recent acquisition of Bitstamp, one of the region’s most established crypto exchanges.
