Robinhood Stock: Reinventing Global Finance with Blockchain

Robinhood is making an unprecedented leap from simple trading platform to global fintech powerhouse with a series of ambitious announcements. On June 30, the US broker revealed plans to offer tokenized US stocks to over 400 million potential customers across 30 EU and EEA countries - commission-free, with dividend support, and 24-hour trading capability. At the heart of this expansion is their proprietary Layer-2 blockchain built on Arbitrum technology. Initially, more than 200 US stock and ETF tokens will be issued on Arbitrum before transitioning to Robinhood's own blockchain, specifically optimized for tokenized real assets - a direct challenge to traditional exchanges. Simultaneously, the broker is launching perpetual futures with up to 3x leverage in Europe, with orders executed through Bitstamp.

AI and Crypto Integration Bolster Strategy

The company is aggressively expanding into crypto services, introducing Ethereum and Solana staking for US customers and offering bonuses of up to 2% on crypto deposits if total volume reaches $500 million. Robinhood's Gold credit card will receive crypto integration this fall, allowing cashback rewards to be automatically invested in digital currencies. CEO Vlad Tenev is also betting heavily on artificial intelligence with the upcoming "Cortex" tool, designed to provide real-time market analysis by 2025 and help active traders identify price patterns and develop algorithmic trading signals - positioning AI as a critical differentiator against competitors.

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Source StockWorld