In developing its own Ethereum-compatible network, based on Arbitrum’s design, Kerbrat said that Robinhood is trying to cast as large a net as possible, as it looks to expand on tokenized assets and connect with other entities within the cryptosphere.
“We’re launching [tokenized stocks and ETFs] first in the EU, but in the future, [we] want to open it up as soon as we get clarity on regulations,” he said. “We want the maximum participation there. We want to be compatible with other players.”