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Robinhood rockets on crypto moves š
HOOD hit an all-time high Monday after the trading app maker revealed tokenized stock trading for EU customers and Ethereum layer-2 plans.
Andrew Hayward
June 30, 2025
š What you need to know
Robinhoodās stock price surged to an all-time high mark Monday after the trading app maker announced that itās diving deeper into crypto.
HOOD is up more than 11% on the day as of this writing, and hit a new peak price of $93.36 after Robinhoodās anticipated āTo Catch a Tokenā keynote, where the firm revealed notable crypto moves launching both today and in the future.
Robinhood launched tokenized stock trading via Ethereum layer-2 network Arbitrum, as well as perpetual futures tradingāboth only for European users, for now. The company also adding staking functionality for Solana and Ethereum held by U.S. customers, letting them earn yield.
Longer-term, the company said it plans to launch its own Ethereum layer-2 network to fuel tokenized stock trades, and eventually let customers self-custody tokenized stocks and ETFs within Robinhoodās digital wallet.
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