Robinhood is aggressively expanding its services, introducing both staking options for Ethereum and Solana, and a new platform for trading tokenized assets. This step occurs just as companies like BlockFi continue to have regulatory action enforced upon them by the SEC for similar offerings. Robinhood’s new Layer 2 blockchain on Arbitrum will change the way assets are traded. In addition, European users will soon be able to access tokenized U.S. stocks and crypto perpetual futures.

Tokenized Assets on Layer 2 Blockchain

Robinhood announced that it has deployed its own Layer 2 blockchain on Arbitrum to support trading in its new tokenized real-world assets. This platform allows instant, low-cost, and transparent round-the-clock trading of assets including stocks and real estate. Even more interestingly, Robinhood intends to offer tokens for private companies, including potentially OpenAI and SpaceX.

The effort European means users to buy and sell tokenized versions of U.S. stocks and ETFs. So far, Robinhood lets you trade tokenized shares of major companies such as Apple, Microsoft, and Nvidia. This includes zero commission trading, 24/5 trading and access to over 200 U.S. stock tokens with dividend payouts.

Robinhood hopes to extend its tokenized asset offerings, with a goal of adding thousands of tokens. The company says it will allow for around-the-clock trading by the end of this year. This change will promote greater accessibility and convenience for its users.

Crypto Perpetual Futures in Europe

Aside from these tokenized assets, Robinhood has launched crypto perpetual futures with 3x leverage to its European users. This lets large institutional investors place much bigger bets on crypto price movements, all without the limitations of defined expiry dates. This new service offers advanced trading tools for experienced traders who understand the crypto marketplace.

Tokenization is going to open the door to a massive trading revolution." - Vlad Tenev, CEO of Robinhood

Staking Services Amidst Regulatory Uncertainty

Robinhood is introducing its staking services, beginning with Ethereum and Solana. This decision even as the SEC continues fervently suing competitors offering these very same services, like Coinbase and Kraken. Staking provides a new opportunity for users to earn rewards by having a stake in the validation of blockchain transactions. Robinhood's decision to proceed with staking indicates its confidence in its regulatory compliance and its commitment to offering a comprehensive suite of crypto services.