Robinhood has introduced a new platform allowing European users to trade tokenized stocks and ETFs without commission fees. The platform is built on the Arbitrum infrastructure offering round-the-clock trading.
New Robinhood Platform and Its Features
The new platform grants European investors access to over 200 tokenized equities that mimic the prices of U.S. stocks and ETFs operating in open markets. Utilizing Arbitrum enhances user experience with reduced transaction fees and faster executions.
Market Competition and New Functions
The platform also offers perpetual futures with a maximum leverage of 3x, allowing traders to speculate on price changes without owning the actual asset. All trades are processed through Bitstamp, which was recently acquired by Robinhood for $200 million. Self-custody and cross-chain features are included for improved asset control and security.
The Future of Tokenized Stocks in Europe
Tokenized stocks still represent a small part of the total digital asset market, but the market may reach up to $18.9 trillion by 2033. Robinhood is further expanding in Europe by including new blockchain-based financial instruments such as ALGO and ONDO.
By introducing no-fee trading for tokenized stocks, Robinhood targets European investors seeking flexible and cost-effective access to U.S. equities. The integration of blockchain could reshape retail investing across the region.
