- Robinhood is in early talks to introduce a blockchain-based platform for US securities trading.
- Last month, Robinhood received a brokerage license in Lithuania, giving him permission to access the European Union investment market.
American financial services company Robinhood Markets Inc. Allegedly makes a block chain platform to trade US securities to European investors.
On May 7 Bloomberg In his report, this step is likely to include a collaboration with a digital asset company, with arbitrium (arb) and Solana (SOL) is considered to be the options of a block chain infrastructure.
No transactions have not yet been signed and discussions are continuously continuing. On this issue, the financial services company and the chain chain institutions have refused to say anything.
Blockchain -based trading financial assets are becoming popular as the world is becoming popular, as worldwide is looking for opportunities to reduce the cost of training infrastructure and increase transparency.
Plans to reduce billing costs
The Global Financial Market Association announced that scattered general book technology could help save about $ 20 billion in global billing costs and billing costs per year. According to reports, Robinhood has begun to start the wider financial services base in Europe.
Last month it received a brokerage permit in Lithuania, giving it permission to access the European Union investment market. The company also accepted plans for the acquisition of a cryptocurrency bit.
It helps it to expand its offers with crypto -related derivatives through a multilateral trading license license. To study Tokenized assets, Robinhood joins other outstanding institutions such as Blackrock, Franklin Templeton and Apollo.
The BlackRock Buidl Tocenized Foundation has so far accumulated about $ 2 billion from its introduction in 2023, which shows increasing institutional optimism in blockchain-based financial products.
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