According to a report from Bloomberg, Robinhood Markets Inc. is working on a blockchain-based platform that will enable retail investors in Europe to access U.S. stocks.
This new initiative under development will be realized through a partnership with a firm from the digital asset sector.
According to two sources close to the subject, leading networks such as Arbitrum and Solana are being considered for the blockchain platform planned by Robinhood. Arbitrum is a layer-2 solution built on Ethereum, while Solana stands out as an independent blockchain network known for its high transaction speed.
It is reported that negotiations are still ongoing and no definitive agreement has been reached yet. While details about the project remain confidential, this move is seen as part of Robinhood's strategy for global expansion and more effective use of blockchain technologies.
Robinhood has not yet made an official statement on the matter.
The tokenization of real-world assets is attracting significant interest from Wall Street giants as well. Giants like BlackRock aim to enable more people from around the world to gain exposure to the US markets.
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HOT DEVELOPMENT: Robinhood will transfer U.S. Stocks to Europe with Blockchain! Here are the two Altcoin networks it plans to use.
According to a report from Bloomberg, Robinhood Markets Inc. is working on a blockchain-based platform that will enable retail investors in Europe to access U.S. stocks.
This new initiative under development will be realized through a partnership with a firm from the digital asset sector.
According to two sources close to the subject, leading networks such as Arbitrum and Solana are being considered for the blockchain platform planned by Robinhood. Arbitrum is a layer-2 solution built on Ethereum, while Solana stands out as an independent blockchain network known for its high transaction speed.
It is reported that negotiations are still ongoing and no definitive agreement has been reached yet. While details about the project remain confidential, this move is seen as part of Robinhood's strategy for global expansion and more effective use of blockchain technologies.
Robinhood has not yet made an official statement on the matter.
The tokenization of real-world assets is attracting significant interest from Wall Street giants as well. Giants like BlackRock aim to enable more people from around the world to gain exposure to the US markets.