Robinhood launches tokens allowing EU users to trade in US stocks

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Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 US stocks and exchange-traded funds, including Nvidia, Apple and Microsoft.

The commission-free tokens can be traded around-the-clock, five days a week. Robinhood also plans to offer tokens linked to stocks of privately-held companies, starting with Sam Altman’s OpenAI and Elon Musk’s SpaceX, the trading platform’s top executives said at its keynote event in France.

Robinhood’s shares hit a record high and were last up nearly 10%….



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Robinhood launches tokens allowing EU users to trade in US stocks



Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 US stocks and exchange-traded funds, including Nvidia, Apple and Microsoft.

The commission-free tokens can be traded around-the-clock, five days a week. Robinhood also plans to offer tokens linked to stocks of privately-held companies, starting with Sam Altman’s OpenAI and Elon Musk’s SpaceX, the trading platform’s top executives said at its keynote event in France.

Robinhood’s shares hit a record high and were last up nearly 10%….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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