Robinhood Eyes Tokenized U.S. Securities Platform for Europe

By: bitcoin ethereum news|2025/05/08 19:45:02
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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/

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