EU users can now trade tokenized equities; what you should know about them
Robinhood (NASDAQ: HOOD) officially launched its tokenized equities offering in the European Union (EU) on June 30, enabling users to trade more than 200 U.S. stocks and exchange-traded funds (ETFs) 24/5 with zero commissions. The new system Features tokenized versions of real-world assets (RWAs), fully backed and settled on-chain, while offering transparent audit trails and promising to blend blockchain and traditional finance (TradFi). A significant milestone for blockchain finance, the rollout led to a 13% surge in Robinhood’s share price. Tokenized equities As blockchain adoption expands, more businesses are turning to tokenized shares as a new way to raise capital. Namely, instead of issuing traditional stock certificates, companies can now offer equity in the form of digital assets, such as crypto, to expedite their operations and potentially expand their global reach. Robinhood’s tokenized trading platform runs on the Ethereum (ETH)...