Robinhood Expands Tokenized U.S. Stocks Access for EU Users via Arbitrum
Robinhood has deployed 80 additional tokens on the Arbitrum network, significantly broadening access to U.S. stocks, equities, and ETFs for its EU users. The move underscores the growing role of tokenization in democratizing global finance.
Newly added tokens include GLXY (Galaxy), BULL (WeBULL), and SNPS (Synopsys). The expansion aligns with CEO Vlad Tenev's vision of tokenization as an unstoppable force that will eventually consume traditional financial systems. "Tokenization is like a freight train," Tenev remarked, predicting widespread regulatory frameworks within five years.
The deployment on Arbitrum highlights layer-2 solutions' increasing importance for scaling real-world asset tokenization. While the announcement didn't specify supported trading pairs, the integration demonstrates Robinhood's commitment to bridging traditional and crypto markets.