Robinhood (HOOD) announced that it will expand its cryptocurrency business through a series of new initiatives, including developing its own blockchain network based on Arbitrarum and launching tokenized stock trading. The company today launched a tokenized stock product based on the Ethereum Layer 2 network Arbitrarum for European users, covering over 200 US stocks and ETFs, and supporting 24/7 trading on weekdays. In addition, the company has confirmed that it is building a Layer2 blockchain network specifically optimized for tokenized assets. This chain is based on the Arbitrarum technology stack and aims to support 24/7 trading, autonomous custody, and cross chain bridging of tokenized assets. Insiders revealed that the chain is expected to be launched later this year or early next year. （CoinDesk） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44808