Gregory Raymond: Robinhood to launch tokenized stocks in Europe
@gregory_raymond: Robinhood expands into Europe
Robinhood is expanding its investment offerings to European users by launching tokenized stocks.
This announcement was made during the Ethereum Community Conference (EthCC), where Robinhood informed attendees about its ambitious plan to introduce tokenized stock investments in Europe. This move marks a significant shift in the brokerage market and is seen as a transformative step in how retail investors might access and trade stocks.
A representative from Robinhood stated, ''Our goal is to democratize finance for all, and with this new offering, we are taking a big step towards that vision.'' By tokenizing stocks, users can potentially buy fractions of American shares, making them more accessible to a broader base of European investors.
Gregory Raymond, who shared this news via Twitter, highlighted the impact this could have, describing it as a ''tsunami'' for the European brokerage market.
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Robinhood’s initiative follows a broader trend of financial innovation within Europe, recalling earlier developments such as Coinbase’s decision to establish Luxembourg as its European hub after securing its first MiCA license. As the convergence of regulatory shifts and digital assets continues to reshape the industry, attention also turns to how such transformations might affect traditional markets, a dynamic explored by Gregory Raymond amid heightened concerns over Bitcoin and inflation during geopolitical tension and supply shocks.
