Robinhood Expands Cryptocurrency offer to Tokenized Stocks, Decentralized Lending and Futures Trading
- 4 days ago
- 4 min read
Robinhood Markets Inc. announced the public mainnet launch of its Ethereum Layer-2 blockchain, Robinhood Chain, alongside a suite of new products, including tokenized stock trading, decentralized lending, and expanded perpetual futures offerings.
Robinhood Chain, built using the Arbitrum platform, is a permissionless Layer-2 blockchain designed for financial services and tokenized real-world assets, the company said in a statement.
According to the statement, day-one partners include Uniswap, which is deploying a dedicated automated market maker as the primary public liquidity protocol, and Pleiades, which is deploying a proprietary AMM to serve as a primary proprietary trading venue.
The chain also features integrations with Alchemy, BitGo, and Chainlink, and includes built-in DeFi primitives such as lending and borrowing.
Stock Tokens Expand to More Than 120 Countries
Robinhood introduced new Stock Tokens, available to eligible users in more than 120 countries through the Robinhood Wallet. The tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited, providing economic exposure to underlying securities without granting legal or beneficial rights to the holders.
The platform said eligible users can trade the tokens 24/7 on Robinhood Chain and deploy them into lending pools or use them as trading collateral across the DeFi ecosystem. According to the disclosures, Stock Tokens are not available in the U.S. or to U.S. persons and are subject to restrictions in other jurisdictions, including Canada, the UK, Switzerland, the UAE, and sanctioned jurisdictions.
The company also renamed its earlier tokenized equity product, launched in June 2025, as Classic Stock Tokens, which will continue to be available in the Robinhood Europe app.
Robinhood Crypto Earn and Perpetual Futures Offerings Expand
Robinhood said it has begun rolling out Robinhood Earn to eligible U.S. users.
The product enables customers to lend dollar-backed USDG stablecoins through self-custody wallets with an estimated annual percentage yield of 7%, according to the company.
The lending infrastructure operates through the Morpho protocol, while insurance coverage for specified cyber and smart-contract losses was procured through Lloyd's of London and RELM, Robinhood said.
The company also added access to perpetual futures through Lighter within Robinhood Wallet for eligible users in selected jurisdictions.
Separately, Robinhood expanded its European perpetual futures lineup beyond cryptocurrencies. Eligible users can now access contracts tied to commodities, exchange-traded funds, and foreign exchange markets, including gold, silver, QQQ, EUR/USD, WTI crude oil, Brent crude, and EWY, with leverage of up to 10 times, according to the announcement.
International expansion continues
Robinhood said it now serves nearly 28 million customers across 38 countries and three continents.
The company formally launched in Canada following its acquisition of WonderFi and announced zero trading fees for Canadian customers through Sept. 30 as part of a promotional campaign.
Robinhood also disclosed that its Singapore unit received a capital markets services licence from the Monetary Authority of Singapore, which the company said represents a step toward future brokerage operations in the country.
In the United Kingdom, Robinhood said it plans to introduce crypto trading services, though it did not provide a launch date.
Agentic crypto trading planned for U.S. customers
Robinhood said it is preparing to introduce Agentic Accounts for crypto trading to eligible U.S. users at no additional cost.
According to the company, the system will allow traders to connect external artificial intelligence models to Robinhood data sources and trading tools through its Trading MCP framework, while customers retain control over capital allocation and risk parameters.
The company also announced maker order functionality for eligible U.S. crypto traders, with fee schedules that can fall to zero depending on trading volumes.
Robinhood Platform Overview
Robinhood Markets Inc. bills itself as a financial services platform offering brokerage, crypto, advisory, digital banking, and private markets access. The company has expanded internationally in recent years through acquisitions and regional licensing efforts, including its purchase of WonderFi in Canada and regulatory approvals in Singapore.
Its offerings include:
Offering | Description | Availability |
Stocks & ETFs | Commission-free trading of U.S. listed stocks and ETFs. | U.S. and select international markets, |
Options | Options trading with a straightforward fee structure. | U.S. |
Crypto | Trading of various cryptocurrencies. | U.S., EU, and select other jurisdictions. |
Robinhood Gold | Premium subscription offering higher interest on uninvested cash, larger instant deposits, and access to research. | U.S. |
Stock Tokens | Tokenized debt securities providing economic exposure to underlying stocks | Non-U.S. eligible users in 120+ countries, with restrictions |
Robinhood Wallet | Self-custody wallet for managing crypto and interacting with DeFi applications | Select jurisdictions, excluding the U.S. and UK |
Pros
Commission-free trading on stocks, ETFs, and cryptocurrencies.
User-friendly interface with low barriers to entry for retail investors.
Expanding suite of products bridging traditional finance and decentralized finance.
Growing international presence across 38 countries.
Cons
Limited product range compared to full-service brokers, with no mutual funds or bonds.
Revenue model reliant on payment for order flow, which may present conflicts of interest.
Crypto and DeFi products carry substantial risk and are not available in all jurisdictions, including the U.S. for certain offerings.
The company announced a workforce reduction of approximately 10% in June 2026, reflecting ongoing operational restructuring.
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