Robinhood Expands EU Services With US Stock Tokens, Crypto Futures

Brokerage fintech firm Robinhood has unveiled a new suite of products and services, marking a significant development for the cryptocurrency sector. Vlad Tenev, CEO and chairman of Robinhood, announced at the Robinhood Presents: To Catch a Token event in Cannes, France, that the firm is launching US stock and exchange-traded fund (ETF) tokens.

Tenev elaborated that Robinhood will provide eligible customers in the European Union (EU) with exposure to US equities through “Robinhood Stock Tokens.” These tokens will feature zero commissions or additional spreads from Robinhood, while providing full support and 24-hour access. Tenev stated, “With tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment app powered by crypto.” Robinhood will offer European customers access to over 200 US stock and ETF tokens, with stock token holders able to receive dividend payments directly in the Robinhood app.

Stock tokens will initially be issued on the Ethereum layer-2 (L2) platform, Arbitrum. Moving forward, these tokenized stocks will be facilitated by Robinhood’s own L2 blockchain, which is based on Arbitrum. Robinhood’s blockchain will be optimized for tokenized real-world assets and built to support 24/7 trading, seamless bridging, and self-custody.

Additionally, Robinhood has introduced crypto perpetual futures in the EU. The platform will offer eligible customers access to a new class of derivatives, with continuous exposure and up to 3x leverage. Perpetuals will be fully rolled out to eligible customers by the end of summer 2025. Orders will be routed through Bitstamp’s perpetual futures exchange. Earlier in June, Robinhood announced it had completed a $200 million acquisition of crypto exchange Bitstamp, securing more than 50 licenses and registrations worldwide.

Robinhood is also launching crypto staking for eligible US customers, beginning with staking on Ethereum and Solana (SOL). Crypto staking was made available to all Robinhood customers in the EU and EEA last year. For a limited time, both US and EU investors can transfer crypto into the Robinhood app to earn a 1% deposit boost. Investors will also have the chance to double their boost to 2% if the total deposits reach a goal of $500 million.

Other new Robinhood products include Cortex, an AI-powered investing assistant that will be available later this year. A handful of Robinhood members will be able to use it to see curated insights, trends, and event-driven market analysis. Tenev stated, “This is designed to help customers quickly understand price movement and market shifts in real time.”

Robinhood’s expansion into cryptocurrency trading began in 2018. Since then, the firm’s footprint in the sector has greatly expanded. On June 27, Robinhood launched micro futures contracts for BTC, SOL, and XRP, giving crypto traders the ability to trade derivatives with much lower capital requirements. Robinhood has also strengthened its crypto offerings through strategic acquisitions of major players in the space. In addition to acquiring Bitstamp, the firm acquired WonderFi—a company that operates regulated crypto trading platforms—for $179 million.

Johann Kerbrat, general manager and SVP of Robinhood Crypto, said, “Crypto was built by engineers for engineers, and has not been accessible to most people. We’re onboarding the world to crypto by making it as easy to use as possible—with the goal of bringing powerful tools into one intuitive platform.”