Robinhood is offering tokenized US stocks and ETFs on the Arbitrum blockchain to users in Europe. Robinhood’s push into real-world assets (RWAs) is gaining momentum, with the digital brokerage launching a tokenization-focused layer-2 blockchain and introducing stock token trading for users in the European Union. Built on Arbitrum, the new layer-2 network will enable the issuance of over 200 US stock and exchange-traded fund (ETF) tokens, giving European investors access to US assets, Robinhood announced on Monday. Robinhood’s stock tokens will have zero commissions and be available for trading 24 hours a day, five days a week. Read more
XRP price teases a breakout ahead, with big overhead resistance between $2.20 and $2.30 still in place and several key support levels below. Key takeaways: Increasing institutional demand for XRP ETPs and persistent whale accumulation back the bullish case for XRP price. XRP must close above $2.30 on the daily chart to secure a push toward $3. Read more
Bitcoin price action slides between increasingly thick walls of exchange order-book liquidity with just hours to go before two key candle closes. Key points: Bitcoin approaches the monthly and quarterly close with a sea of order-book liquidity piling up. Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus. Read more
“Most people aren’t equipped for true self-custody,” said Circuit’s founder and CEO, Harry Donnelly. While Bitcoin (BTC) is often heralded as the ultimate bearer asset, not everyone is prepared for self-custody in a world where convenient and seemingly trusted intermediaries still play a major role. Circuit, an enterprise-grade recovery solution for digital assets, is betting that more institutions will turn to its recovery system to protect against catastrophic losses. On Monday, the company announced the public launch of its institutional crypto recovery engine, powered by its Automatic Asset Extraction (AAE) technology. The system automatically transfers assets to a pre-authorized secure vault if a private key is lost or a threat is detected. Read more