Robinhood Launches Tokenized Stocks and ETFs for EU Customers, Partners with Arbitrum

Robinhood has launched tokenized US stocks and ETFs for EU customers, partnering with Arbitrum. Over 200 US stocks and ETFs, including NVIDIA, Apple, and Microsoft, can now be traded commission-free and around the clock. The tokens are initially issued through Arbitrum but will be supported by Robinhood's own Layer 2 blockchain. This move combines traditional finance with crypto-like trading, but lacks clear regulatory guidelines in the US.