Robinhood Shares Hit Record High as New Token Launch Ignites Investor Frenzy
EU Tokenized Stocks Fuel Robinhood Rally
Robinhood Markets (ticker HOOD, traded on Nasdaq in the financial services/FinTech sector) soared to a fresh all-time high today after unveiling tokenized U.S. stock and ETF products for European Union users. Now offering over 200 U.S. equities—including AAPL, MSFT, and NVDA—the platform enables commission-free, 24/5 trading in partnership with Arbitrum, with plans to expand to thousands of tokens by year-end.
The move represents a strategic push to merge traditional equities with crypto innovation. Robinhood also announced perpetual futures for Bitcoin and Ether in the EU and ETH/SOL staking in the U.S., signaling its transformation into a global digital asset hub. This broadened offering comes on the heels of a major deal closing with Bitstamp, reinforcing its international presence and fueling a 10% surge in stock price.
Retail trading is booming: Robinhood surpassed its previous peak amid a surge in new users—25.9 million on record—with daily trading volume driven up by the “dumb money” trend, now accounting for over 20% of market activity. With Goldman Sachs recently lifting its price target to $91, analysts say HOOD is ideally positioned at the forefront of crypto-fintech synergy.
As HOOD rides this wave, the big questions remain: will regulatory scrutiny slow its momentum, or will tokenization reshape global access to capital markets?