Robinhood Expands Crypto Services with Staking and Futures
- Robinhood is launching staking for ETH and SOL on December 9, initially in New York.
- The company plans to introduce new perpetual futures trading pairs in the EU, alongside over 1,000 tokenized stocks.
- Robinhood reported $232 billion in crypto trading volume over the past year, with $51 billion in assets under custody.
- The Robinhood Chain project, an EVM-compatible layer-2 network, was officially announced as part of their expansion strategy.
Robinhood is enhancing its crypto offerings by introducing staking services for Ethereum and Solana and expanding futures trading options in Europe. The company aims to strengthen its position as a global digital finance platform by leveraging its new layer-2 scaling network, Robinhood Chain.
These developments come as Robinhood seeks to capitalize on the $232 billion crypto trading volume it achieved this year while managing $51 billion in customer assets. Source
