The brokerage firm is reportedly considering Arbitrum, Ethereum and Solana for the new platform.
Robinhood is developing a blockchain-powered platform that would let European users trade tokenized U.S. financial assets, Bloomberg reported.
Tokenization, which enables faster settlement and broader access to traditional markets, is gaining traction globally amid clearer rules in Europe compared to the U.S. Three blockchains, including Arbitrum , Ethereum and Solana are reportedly being considered for the new platform which will be in partnership with a digital asset firm, according to the report.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Robinhood (HOOD) Earnings Preview: Crypto Revenue Seen FallingAfter a 700% surge in Q4 crypto revenue, analysts now expect a pullback in Q1 as trading activity slows.
Read more »
Frigid temperatures and flooding still a major concern for much of the U.S.Minyvonne Burke is a senior breaking news reporter for NBC News.
Read more »
Ukraine captures Chinese citizens who fought with Russian army, Zelenskyy saysChantal Da Silva reports on world news for NBC News Digital and is based in London.
Read more »
18 dead, more than 120 hospital transfers after roof of Dominican Republic club collapsesMarlene Lenthang is a breaking news reporter for NBC News Digital.
Read more »
Her engine, her rules: Bay Area automotive professor urging more women to get under the hood'If I could do it, anyone can do it': Professor Johnson teaches the engine repair and rebuild class at Skyline College and created a certificate program for entry-level technicians. But her journey into this career was anything but traditional.
Read more »
Tobe Nwigwe Brings the Hood Home at 713 Music Hall“I had the pleasure of giving Busta Rhymes his flowers, but there is one artist that I wish I could have honored for Hip Hop’s 50th anniversary!” yelled Tobe Nwigwe as the screams of the crowd fell with the house lights after a performance of his 2022 hit “Fye Fye.”...
Read more »