Robinhood expands crypto offerings with a multi-pronged product launch that includes EU stock tokens, U.S. staking for ETH and SOL, and perpetual futures for eligible EU traders. The company announced a proprietary Layer-2 blockchain on Arbitrum and a sequence of market and geographic moves between June and December 2025 that materially broaden its digital-asset footprint.
Tokenized equities, staking and derivatives on new Layer-2 rails
Tokenized equity trading in the EU was unveiled on June 30, 2025, offering token representations of more than 200 U.S. stocks and ETFs with fractional ownership and 24/5 trading hours. The initiative runs on a purpose-built Layer-2 blockchain built on Arbitrum, intended to provide scalability and transaction efficiency for tokenized products.
U.S. staking for ETH and SOL has been rolled out for retail customers via a custodial service with a published minimum participation level of $1. Public reports note inconsistency on the precise service availability date, citing July 2025 in some sources and December 9, 2025 in others.
Perpetual futures for eligible EU traders have also been introduced, though specific contract terms and underlying asset lists were not fully disclosed in the initial announcements. This partial disclosure leaves open questions on detailed product specifications, collateral parameters and the breadth of underlying markets.
International expansion and acquisitions advanced the platform’s geographic availability from an initial six countries to 31 markets. A significant corporate expansion was disclosed on December 8, 2025, with acquisitions in Indonesia of PT Buana Capital Sekuritas (a brokerage) and PT Pedagang Aset Kripto (a licensed digital asset trader).
Commercial performance and market reaction were highlighted by an announced Q4 2024 result, dated in public materials on November 5, 2025, recording a 58% year-over-year increase in net revenues to $2.95 billion. Market reaction included a notable 12.8% rise in Robinhood’s listed equity on July 1, 2025 following these product disclosures.
Regulatory scrutiny and counterparties’ caution accompanied the expansion, with reports indicating supervisory attention in the EU and that some corporate counterparties distanced themselves from the tokenized-equity product. Operationally, the platform maintains a custodial model in which users cannot withdraw tokens to externally controlled wallets, affecting custody classification, segregation requirements and transfer-record obligations for counterparties.
Trading mechanics, fees and protections include continuous crypto quoting (24/7) and internal protections where market orders are converted to limit orders with collars at 1% for buys and 5% for sells. Fee disclosures note a platform charge of 0.85% and an additional 0.02% routed to partners via Smart Exchange Routing, while transfers carry no direct platform fee but remain subject to network and gas costs, and custodial crypto positions are not covered by FDIC or SIPC protections with asset availability varying by U.S. state.
Robinhood’s package of tokenized equities, staking and perpetual futures represents a coordinated product expansion supported by new Layer-2 infrastructure and accelerated international entry, notably into Indonesia. The primary implication for VASPs, custodians and compliance teams is heightened focus on custody classification, cross-border licensing and trade-reporting obligations as regulators and counterparties assess these novel tokenized and derivatives products.