Robinhood launches a blockchain-based stock trading platform in Europe

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Robinhood Develops Cryptocurrency Trading Platform

On May 8, according to Bloomberg, Robinhood is developing a new blockchain-based platform that allows European users to trade cryptocurrency assets of U.S. securities. This project may be based on blockchains such as Arbitrum, Ethereum, or Solana and is being built in collaboration with a digital asset company.

This development is taking place against the backdrop of an increasingly clear legal environment in Europe, as asset tokenization becomes a prominent trend for traditional financial institutions looking to expand into the cryptocurrency market. This demonstrates the validation and growth potential of cryptocurrency in the financial industry.

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