Robinhood Doubles Down on Crypto: Launches Proprietary Blockchain & Tokenized Stocks in Bold 2025 Move
Robinhood just dropped a grenade in TradFi's trenches—launching its own blockchain and tokenized equities. Game on, Wall Street.
Here's the playbook:
The Blockchain Gambit
The zero-commission pioneer built its own chain, cutting reliance on Ethereum while (conveniently) sidestepping gas fee complaints. Early docs suggest sub-second settlements—take that, NYSE.
Stock Tokens 2.0
Remember their aborted 2021 stock tokenization attempt? This time they’re wrapping real equity in DeFi clothing. Tesla and Apple shares now come with 24/7 trading—because why should markets sleep when algorithms don’t?
The Cynic’s Corner
‘Democratizing finance’ meets revenue diversification. With PFOF regulations tightening, those tokenized stocks just became a shiny new revenue stream—disguised as innovation.
One thing’s clear: the meme-stock king just declared war on traditional market hours. The suits won’t know what hit them.
Perps in EU, crypto staking in US
As part of the firm's crypt push, Robinhood is rolling out perpetual futures, a popular derivative instrument among crypto traders, for European users. Trades are routed through Bitstamp, one of the world's longest-running active crypto exchange which Robinhood acquired for $200 million.
The firm has also introduced crypto staking for U.S.-based investors starting with Ethereum's ether ETH and Solana's SOL SOL that lets token holders earn rewards without leaving the application.
Additionally, Robinhood will add crypto rewards to its credit card offering later this fall, allowing U.S. customers to invest cashback automatically in digital assets.