Robinhood Don Launch EU Tokenized Stocks for Arbitrum Layer-2
Robinhood don launch tokenized stocks and ETFs for EU customers for Arbitrum’s layer-2 blockchain, dem dey offer over 200 US equity and ETF tokens wey dey backed 1:1 by custodial reserves. Dis kind digital tokens dey mirror real share prices, dem dey pay dividends for inside app and fit trade 24/7 without any wahala of residency, tax or currency. After dem rollout am, HOOD shares climb 3% go $94.65—close to 4% from their record high—wey boost their market cap pass $82 billion. For Q1 2025, Robinhood talk say revenue rise 50% reach $927 million, na crypto and blockchain services dey push am. Dem get plan to run US-focused onchain Real World Asset Exchange and dem dey face regulatory reviews, including wetin Lithuania central bank dey do dey investigate private equity tokens. Private companies too dey find way to access tokenized stocks, show say demand dey grow. Dis development show how blockchain don enter proper for traditional finance and fit make secondary market active and asset price go up.
Bullish
Dis news dey good for ARB and Arbitrum network. As dem don launch tokenized stocks for Arbitrum, e fit make transaction dem come plenty plus demand for ARB to pay gas fee go also rise. Short term, as EU users activity dey grow and market interest too, e fit make ARB price rise because network go dey used more. Long term, if traditional financial assets join more join Arbitrum well well, e fit make am solid as correct layer-2 solution wey go support steady demand for ARB and make network value strong.