Robinhood Sees Deluge at Its EU Token Stock Gate
Robinhood's HOOD EU token platform is already flooded with private firms lining up to put their shares on-chain. CEO Vlad Tenev calls the inbound requests a delugea sign tokenized equity is moving from Web3 talk to real-world action.
In under a week, Robinhood has listed 200+ tokenized U.S. stocks plus promo tokens for OpenAI and SpaceX. Under EU rules, each token is a derivative tied to actual shares held by U.S. brokers, minted or burned as trades happen.
Nevertheless, Robinhood Europe, UAB, the official European subsidiary of Robinhood Markets, Inc, which is based in Lithuania and already facing regulator questions under MiCA and MiFID. Tenev says they're confident their setup will pass muster and are even chatting with U.S. and U.K. regulators on next steps.
Why it matters? Tokenization promises liquidity outside the IPO grind, opening private equity to everyday investors. If the model sticks, it could reshape how startups raise capital and how retail traders access growth-stage companies.