Catenaa, Saturday, July 05, 2025-Robinhood has unveiled a sweeping expansion into digital finance, offering tokenized shares of OpenAI and SpaceX, more than 200 tokenized US equities, and crypto derivatives to users in the European Union, while also developing its own blockchain Layer 2 in collaboration with Arbitrum.
At a promotional event in Cannes, CEO Vlad Tenev announced that EU users will be eligible to claim tokenized equity in OpenAI and SpaceX, with $1 million in OpenAI stock tokens already transferred to Robinhood Europe.
The tokens must initially be held but will be tradeable in the near future, Tenev said.
The announcement was part of a broader rollout. Robinhood confirmed it has launched tokenized versions of US stocks and ETFs in Europe, allowing EU users exposure to equities like Tesla and Apple. Holders will also receive dividend payments directly in the app.
All tokens are built on the Arbitrum blockchain.
“With tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment platform,” Robinhood said in a blog post.
The company also introduced perpetual futures in the EU and staking services for Ethereum and Solana across the US, EU, and EEA.
Robinhood said its Layer 2 blockchain project, built with Arbitrum, is aimed at improving infrastructure performance for its digital asset ecosystem.
The company’s recent moves are part of an aggressive global expansion strategy that includes the acquisition of Bitstamp, completed this month. Robinhood stock surged over 8% to hit an all-time high of $90.49 on the news.
