Robinhood Expands into Web3 with Staking and Tokenized Stocks
- Robinhood launches Web3 services under CEO Vlad Tenev.
- Staking for Ethereum and Solana available in U.S.
- Tokenized stocks initially launch in EU on Arbitrum.
Robinhood introduced Web3 services, including Ethereum staking and tokenized stocks, at the ETHCC 2025 event in Cannes, led by CEO Vlad Tenev.
The launch signifies Robinhood’s commitment to integrating traditional finance with cryptocurrencies, causing its stock to rise 8%, reaching a record high.
Robinhood Web3 Includes Ethereum and Solana Staking
Robinhood has launched its Web3 services, including staking for Ethereum and Solana in the U.S. This move was announced at the ETHCC 2025 in Cannes. Read more about the launch of these services in Robinhood’s newsroom.
Led by CEO Vlad Tenev, Robinhood is expanding with tokenized stocks in the EU, initially using Arbitrum’s blockchain. The firm’s proprietary Layer 2 is under development.
Robinhood Stock Surges 8% on Web3 Expansion
Robinhood’s expansion has led to its stock reaching historical highs, reflecting strong market confidence. The availability of tokenizable assets enhances access for retail investors.
The integration of tokenization with staking options increases Robinhood’s market competitiveness, aligning with regulatory guidelines to solidify its position in crypto finance.
Robinhood Distinguishes Approach with In-House Development
Previous attempts by exchanges like Coinbase in tokenizing securities highlight the complexities of regulatory compliance. Robinhood is distinguishing its approach through in-house development.
Based on historical trends, the move could lead to increased adoption of on-chain financial services, potentially altering investment landscapes significantly. Vlad Tenev, Chairman and CEO, Robinhood, said, “Our latest offerings lay the groundwork for crypto to become the backbone of the global financial system” (source).
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