Robinhood | Crypto

Robinhood is trading near all-time highs as its expanded push into crypto and blockchain continues to pay off. Robinhood’s strategic embrace of blockchain technology and tokenization has fueled a nearly 30% rally in its stock over the past month, highlighting the brokerage’s new growth drivers despite regulatory scrutiny of some of its products. Robinhood stock, trading under the ticker HOOD, surged on Wednesday to $94.65 in New York trading, putting it within 4% of its all-time closing high set on July 2. The stock has climbed more than 27% over the past month and is up 137% year-to-date, lifting its market capitalization to over $82 billion. Read more

Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny. Robinhood is seeing a surge of interest from private companies eager to tokenize their shares after the firm launched its stock token platform in the European Union last week. In a Tuesday interview with Bloomberg News, CEO Vlad Tenev said the company has received a wave of requests from private firms looking to make their equity accessible to retail investors through blockchain-based tokens on their platform. “Since our announcement, I’ve had a deluge of inquiries, private companies that actually want to access retail to have their shares tokenized and be a part of this revolution,” he said. Read more

Robinhood’s private equity tokens, offering exposure to tech stocks like SpaceX and OpenAI, have triggered regulatory scrutiny in Europe after OpenAI raised concerns and said that the digital assets do not represent equity ownership in the company, CNBC reported on July 7. The Bank of Lithuania, which serves as Robinhood’s primary regulator in the European […] The post EU regulators probing Robinhood’s tokenized equity plans after OpenAI raises concerns appeared first on CryptoSlate.

Robinhood’s OpenAI and SpaceX tokens are controversial, but the fine print indicates that they offer indirect exposure to these companies through derivatives. Robinhood’s stock token offerings are under regulatory scrutiny in the European Union after OpenAI warned investors that the digital brokerage’s so-called OpenAI tokens do not represent any equity stake in the company. OpenAI’s warning prompted an inquiry by Lithuania’s central bank, which serves as Robinhood’s primary regulator in the region.  The Bank of Lithuania is “awaiting clarifications” regarding Robinhood’s stock token offerings linked to OpenAI and SpaceX, CNBC reported on Monday, citing Giedrius Šniukas, a spokesperson for the Bank of Lithuania. Read more

Galaxy Digital warns Robinhood’s plan to tokenize stocks on its new chain could divert liquidity from NYSE and other major exchanges. Robinhood’s plan to tokenize stocks on its new Ethereum-compatible blockchain could shift trading volume away from traditional exchanges like the NYSE, undermining their core revenues from trading fees and market data, according to Galaxy Digital. At the EthCC conference this week, Robinhood CEO Vlad Tenev detailed plans for “Robinhood Chain,” an Ethereum-compatible layer-2 on Arbitrum Orbit. The blockchain will let users trade tokenized derivatives of stocks directly onchain, moving asset trading outside traditional exchange hours. Tenev explained that a new token engine operating on the Robinhood Chain will provide users with tokenized derivatives of their assets, enabling them to self-custody these tokens or interact with a decentralized application. Read more

The platform's OpenAI private equity tokens were disavowed by the company, prompting OpenAI co-founder, Elon Musk, to call the AI firm "fake." OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company. "We are not involved in this and do not endorse it,” representatives of the company wrote on social media. “Any transfer of OpenAI equity requires our approval — we did not approve any transfer. Please be careful." Robinhood distributed $5 worth of OpenAI and SpaceX tokens to clients in the EU region on Monday as part of the company's push into tokenized stock trading, which included launching a layer-2 blockchain network to settle tokenized equity trades. Read more

OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote:  “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […] The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing appeared first on CryptoSlate.

Bitcoin price trades at $107,500 amid institutional buying from Metaplanet and Strategy. Robinhood's EU expansion adds fresh catalysts. The post Bitcoin Price Prediction: Robinhood, Strategy Fuel BTC Momentum appeared first on Cryptonews.

Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services. Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth […] The post Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high appeared first on CryptoSlate.

Robinhood is offering tokenized US stocks and ETFs on the Arbitrum blockchain to users in Europe. Robinhood’s push into real-world assets (RWAs) is gaining momentum, with the digital brokerage launching a tokenization-focused layer-2 blockchain and introducing stock token trading for users in the European Union. Built on Arbitrum, the new layer-2 network will enable the issuance of over 200 US stock and exchange-traded fund (ETF) tokens, giving European investors access to US assets, Robinhood announced on Monday. Robinhood’s stock tokens will have zero commissions and be available for trading 24 hours a day, five days a week. Read more

Robinhood continues to expand its crypto services offering with micro futures contracts on leading assets. Digital brokerage Robinhood has launched micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP (XRP), giving crypto traders the ability to trade derivatives with significantly lower capital requirements. The new offering was officially unveiled in the United States on Friday, expanding on Robinhood’s existing crypto futures products for Bitcoin and Ether (ETH). Micro futures contracts are smaller versions of standard futures contracts, allowing traders to speculate on an asset’s price movements with a much lower upfront investment. Read more

Robinhood expanded its futures trading suite by adding micro futures contracts for XRP, Solana (SOL), and Bitcoin (BTC), according to a June 27 announcement. The zero-commission brokerage said the new products offer lower margin requirements and seamless execution via its trading ladder interface. Each micro XRP futures contract represents 2,500 XRP, roughly $5,200 at current […] The post Robinhood expands crypto offerings with micro futures for XRP, Solana, and Bitcoin appeared first on CryptoSlate.

Robinhood has acquired the world’s longest-running crypto exchange, Bitstamp, for $200 million, expanding its institutional crypto offerings to Europe, the UK and Asia. Robinhood Markets, Inc. has closed a $200 million acquisition of Luxembourg-based crypto exchange Bitstamp, adding over 50 licenses and registrations and an established institutional client base to its crypto arm. The $200 million consideration was unchanged from an initial agreement in June 2024 and was paid entirely in cash, Robinhood said on June 2. Bitstamp serves over 5,000 institutional clients and 50,000 retail customers, with most of its trading volume driven by its institutional base.  Read more

Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20. The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial […] The post Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs appeared first on CryptoSlate.

Robinhood has filed a proposal with the US SEC to establish a national framework for real-world asset tokenization, including plans for a new trading platform. Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs). The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20. In the proposal, Robinhood also revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain settlement for efficiency and transparency. Read more

Robinhood has reached a C$250 million agreement to acquire WonderFi, owner of Bitbuy and Coinsquare with C$2.1 billion in custody. Staff will join Robinhood Crypto, while Toronto hub grows. Closing in H2 2025, the deal strengthens a crypto push centered on Canada. Shareholders will receive C$0.36 cash. The post Robinhood To Acquire WonderFi for $178M at 41% Premium – Canada Crypto Power Play appeared first on Cryptonews.

Robinhood will acquire Canadian crypto firm WonderFi for $179 million in cash, joining a growing wave of crypto M&A as it expands its global reach. Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence. The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release. WonderFi operates two of Canada’s longest-standing regulated crypto trading platforms, Bitbuy and Coinsquare, managing over 2.1 billion Canadian dollars in assets under custody. These platforms offer crypto trading, staking and custody services. Read more

Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with […] The post Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe appeared first on CryptoSlate.

The company has obtained a brokerage license in Lithuania as part of its planned expansion into the European market. Brokerage fintech Robinhood is reportedly developing a blockchain network that will enable retail investors in Europe to trade US securities. According to a May 7 Bloomberg report citing sources familiar with the matter, the move seeks to expand the company's local presence by offering trading of tokenized securities, such as stocks. Two crypto firms, Arbitrum and the Solana Foundation, are reportedly vying to become partners in the project. Tokenization is the process of turning real-world assets, like stocks, real estate, or commodities, into digital tokens that can be traded on a blockchain. Read more