Robinhood to Launch Blockchain Trading Platform for US Stocks in Europe

Online broker Robinhood is developing a blockchain platform aimed at facilitating the trading of U.S. securities within the European market. This information comes from a report by Bloomberg, citing insider sources.

“The project is likely to be launched in partnership with a company that specializes in digital assets,” insiders have indicated.

According to these sources, the blockchain network Arbitrum is being considered as a potential collaborator. The Solana network is also in the running for this partnership.

As of the time of this report, Robinhood’s shares (HOOD) are trading at $49.99, reflecting a 2.67% increase over the past 24 hours.

In the first quarter of 2025, the broker’s revenue decreased by 8.6%, amounting to $927 million compared to the same period last year.

It’s worth noting that in March, Robinhood agreed to pay a $29.75 million fine to settle claims from the FINRA.

Subsequently, the broker announced the launch of a prediction market through the regulated CFTC exchange, KalshiEX LLC.