Robinhood is poised to shake up the financial markets. According to Bloomberg, the broker is developing a new blockchain-based platform to allow Europeans to trade tokenized American stocks. Three blockchains in consideration are Ethereum, Solano, and Arbitrum. A project that could transform access to US markets from Europe.
Robinhood to Offer Tokenized American Stocks in Europe
Face to the persistent regulatory uncertainty in the United States, Robinhood seems to be banking on Europe, where regulations surrounding digital assets are much more defined. By leveraging tokenization, the platform aims to reduce settlement times, enhance transaction security, and provide a new form of liquidity to traditional markets. All while circumventing the sluggishness of the American financial system.
The project is said to be developed in partnership with a company specialized in digital assets. No official name has been disclosed yet, but the choice of high-performing and popular blockchains suggests that Robinhood is looking to make a strong impact.
Tokenization, a New Battleground for Finance Giants
The concept is no longer theoretical: tokenized funds have already been launched by several financial institutions. According to some analysts, the tokenization market could reach $23,400 billion by 2033. Robinhood aims to take the lead in this race, by betting on a decentralized infrastructure capable of rivaling traditional platforms.
A Direct Response to Regulatory Roadblocks in the United States
Earlier this year, Vlad Tenev, CEO of Robinhood, publicly denounced the American regulatory delays on security tokens. He accused the SEC of hindering innovation and preventing individual investors from accessing assets previously reserved for private markets. The launch of a product in Europe sounds like a deliberate workaround: if the US blocks, Robinhood will find another way.
