Robinhood (HOOD) is developing a blockchain-based platform to allow retail investors in Europe to trade U.S. securities such as stocks through a partnership with a digital-asset firm, Bloomberg’s Muyao Shen reports. According to two people familiar with the matter, the platform will likely use a blockchain such as Arbitrum or Solana, and will allow for the trading of tokenized securities, which could increase transparency and standardization and cut costs associated with traditional trading infrastructure. Robinhood’s CEO has previously expressed interest in tokenizing securities.
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