According to @StockMKTNewz, digital brokerage Robinhood (HOOD) is significantly expanding its cryptocurrency offerings by developing its own Layer-2 blockchain based on Arbitrum (ARB) technology. The company has launched tokenized stock trading on the Arbitrum network for European users, providing 24/7 access to over 200 U.S. equities and ETFs, as stated in a company release. For U.S. investors, Robinhood has introduced crypto staking for Ethereum (ETH) and Solana (SOL), allowing users to earn rewards directly within the application. Additionally, the firm is rolling out perpetual futures for European clients through its recently acquired Bitstamp exchange. Robinhood CEO Vlad Tenev stated that these initiatives aim to lay the groundwork for crypto to become the 'backbone of the global financial system'.

According to @StockMKTNewz, digital brokerage Robinhood (HOOD) is significantly deepening its involvement in the cryptocurrency sector with several key initiatives aimed at traders. The company announced it is developing its own Layer-2 blockchain using Arbitrum's (ARB) technology stack to support tokenized assets, which could positively impact ARB's ecosystem. For European users, Robinhood has launched tokenized stock trading on Arbitrum, offering access to over 200 U.S. equities and ETFs with 24/7 trading, a move into the rapidly growing asset tokenization market projected to be worth $18.9 trillion by 2033, according to a Ripple/BCG report. Additionally, Robinhood is introducing crypto staking for U.S. investors, starting with Ethereum (ETH) and Solana (SOL), a feature that could reduce the available trading supply and support the prices of these assets. Current market data shows SOL is up over 5% against both USD and BTC, indicating strong momentum. The firm is also rolling out perpetual futures in Europe via its recent acquisition, Bitstamp, further catering to advanced crypto traders.

According to Stock Talk (@stocktalkweekly), Robinhood ($HOOD) has been officially added to the S&P 500 as of June 6, 2025. This inclusion is expected to increase institutional investment and liquidity for Robinhood, a platform known for its large retail crypto trading user base. Traders should monitor potential surges in both HOOD stock and crypto trading volumes as index funds rebalance and allocate to Robinhood shares. This move may also drive further integration between traditional equities and the cryptocurrency market, impacting Bitcoin, Ethereum, and other digital assets due to Robinhood's significant crypto offerings (source: Stock Talk on Twitter, June 6, 2025).

According to Evan (@StockMKTNewz), Robinhood ($HOOD) has completed its $200 million acquisition of Bitstamp, a move that significantly expands Robinhood's footprint in the cryptocurrency market. This strategic deal gives Robinhood access to Bitstamp’s global exchange infrastructure and institutional client base, enhancing its crypto asset offerings for retail and professional traders (source: @StockMKTNewz, June 2, 2025). Traders should note that this acquisition could boost liquidity for major cryptocurrencies on Robinhood, attract institutional trading volumes, and potentially lead to tighter spreads and new product listings. The integration is expected to increase competition among crypto exchanges, which may benefit active crypto traders with more robust trading tools and improved order execution.

According to StockMKTNewz, Robinhood ($HOOD) has officially launched its new desktop trading platform, 'Robinhood Legend,' targeting active traders in the United Kingdom. This expansion provides UK users access to advanced trading tools, potentially increasing retail participation in both equities and cryptocurrencies, as Robinhood continues to integrate crypto trading features into its platforms (source: StockMKTNewz on Twitter, May 28, 2025). The move positions Robinhood to compete directly with established UK trading platforms, and may drive higher trading volumes in popular cryptocurrencies tied to Robinhood's offerings.