Robinhood Markets (NASDAQ:HOOD) has made a significant push into crypto, unveiling a suite of innovative products during its event in Cannes, France. The company revealed a range of new tools designed to make investing more accessible and intuitive.
As part of its global expansion strategy, Robinhood is extending its services to over 400 million people across 30 countries in the EU and EEA. The stock gained after the update.
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The new offerings include stock and ETF tokens, now available in the EU. These tokens allow users to gain exposure to U.S. equities through Robinhood Stock Tokens.
These tokens come with zero commissions and offer dividend support alongside 24/5 access.
With this launch, Robinhood’s European app transitions from a solely crypto-focused app to a comprehensive …