Robinhood has launched tokenized trading of U.S.-listed stocks and exchange-traded funds (ETFs) for its European users, expanding the trading app’s crypto-powered investment options.
In a Monday release and keynote presentation in France, the company said investors can now buy and sell tokenized stocks on Arbitrum, an Ethereum layer-2 network designed for lower fees and faster settlement.
European customers will also be able to access crypto perpetual futures, offering up to 3x leverage on digital assets—another step toward making Robinhood’s European platform an “all-in-one investment app powered by crypto.”
This move sets the stage for Robinhood to eventually migrate trading activity to a dedicated Ethereum scaling network it is developing in-house.
Robinhood Doubles Down as Regulatory Clouds Clear
As the U.S. regulatory environment becomes less hostile to staking and crypto derivatives, Robinhood is betting big on its crypto business both at home and abroad.
Monday’s announcements come as competitors like Coinbase and Kraken roll out similar tokenized asset products, staking services, and layer-2 networks.
In the U.S., Robinhood said it has started enabling staking for Ethereum and Solana in regions where regulations permit. That decision follows fresh guidance from the Securities and Exchange Commission clarifying that staking does not fall under securities law—a reversal from the stricter stance held by former SEC Chair Gary Gensler.
“We’re building a product that makes crypto accessible but still competitive against dedicated crypto exchanges,” said Seong Seog Lee, Robinhood Crypto’s Head of Product.
Cutting Fees and Expanding Crypto Access
Robinhood is also taking aim at the high costs European investors face when accessing U.S. stocks.
Seong Seog Lee said the app’s zero-commission trading model will apply to tokenized equities, with only a 0.1% foreign-exchange fee, significantly undercutting traditional brokers.
Eventually, customers will be able to self-custody their tokenized stocks and ETFs via Robinhood’s digital wallet. For those who prefer simplicity, Robinhood will manage keys behind the scenes in its main app.
Robinhood teased a slate of other crypto-native features rolling out later this year, including:
- A credit card that offers cashback rewards in crypto
- A 1% bonus on crypto deposits for a limited time
- “Tax lots” tools to optimize crypto gains and losses
After securing a Markets in Crypto-Assets (MiCA) license, Robinhood now says it can operate across more than 31 countries in Europe. Coinbase, which also obtained a MiCA license recently, is preparing similar product expansions.
Quick Facts
- Robinhood’s European app now offers tokenized U.S. stocks, ETFs, and crypto futures with up to 3x leverage.
- Staking for Ethereum and Solana is launching in eligible U.S. regions.
- The platform charges no trading commissions—only a 0.1% FX fee for European customers.
- New crypto rewards credit cards and tax tools are expected later in 2025.
