Robinhood Eyes Tokenized U.S. Securities Platform for Europe

By: bitcoin ethereum news|2025/05/08 19:45:02
0
Share
copy
Robinhood is in early talks to introduce a blockchain-based platform for trading U.S. securities. Last month, Robinhood got a brokerage license in Lithuania, giving it permission to have access to the investment market of the European Union. The American financial services company, Robinhood Markets Inc., is reportedly making a blockchain platform to trade tokenized U.S. securities for European investors. On May 7, Bloomberg in its report mentioned that this step will possibly include a collaboration with a digital-asset company, with Arbitrium (ARB) and Solana (SOL) being seen as blockchain infrastructure options. No deal has been signed yet, and discussions are continuously going on. On the matter, the financial service company and the blockchain bodies have refused to say anything. Tokenized securities, a blockchain-based tradable financial asset, are becoming popular because financial companies around the world are looking for ways to reduce training infrastructure costs and increase transparency. Plans to Reduce Settlement Costs The Global Financial Markets Association reports that the distributed ledger technology could help in saving around $20 billion in global clearing and settlement costs on an annual basis. As per the reports, Robinhood has started laying the groundwork for wider financial services in Europe. Last month, it got a brokerage license in Lithuania, giving it permission to have access to the investment market of the European Union. The firm also accepted the plans of acquiring crypto exchange Bitstamp. This will help it scale up its offerings with crypto-associated derivatives through the multilateral trading facility license of Bitstamp. For the exploration of tokenized assets, Robinhood joins other prominent institutions like BlackRock, Franklin Templeton, and Apollo. The tokenized fund of BlackRock BUIDL has so far accumulated around $2 billion since it was introduced in 2023, indicating increasing institutional optimism in blockchain-based financial products. Highlighted Crypto News Today: Tether Launches USDT on Kaia Blockchain via LINE’s Mini Dapps Source: https://thenewscrypto.com/robinhood-eyes-tokenized-u-s-securities-platform-for-europe/

-- Price

--

You may also like

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

SpaceX's public market debut could take place as early as June, making it the first in a series of giant IPOs from AI companies, with OpenAI and Anthropic also waiting for the right moment.

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

DeepSeek Code is coming.

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

Overview of Important Market Events on May 21

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.

Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE

Overview of Important Market Events on May 20

Interpretation of xBubble SOP: Packaging Vibe Coding for non-technical users

DAPPOS has launched the low-threshold AI application xBubble, which innovatively automates the packaging of complex large model workflows with an SOP system, allowing users with no technical background to complete professional-level AI tasks with just one sentence.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com