Robinhood Nears Record High as Tokenization Fuels 30% Surge

- Stock soars nearly 30% in a month, nearing its all-time high. - Surge follows announcement of a layer-2 tokenization platform for European investors. Robinhood's strategic pivot toward tokenization drove its stock up nearly 30% in the past month. On July 9, 2025, CoinTelegraph reported that the stock reached $94.65 in New York trading, nearing its all-time high. This growth has propelled Robinhood's market capitalization to over $82 billion and signals strong investor confidence in the company's innovative initiatives. At the end of June, Robinhood revealed plans for a layer-2 blockchain built on Arbitrum. This new platform will tokenize U.S. stocks and exchange-traded products for European investors, aiming to streamline access for them. Domestically, the company also proposed the Real World Asset Exchange, an on-chain settlement system to trade real-world assets. The announcement drew regulatory attention, particularly in Europe, where Lithuania's central bank—Robinhood's primary regulator in the region—requested detailed information about the company's tokenized offerings. The bank is especially interested in products linked to private entities like OpenAI and SpaceX. In response, Robinhood CEO Vlad Tenev clarified that these products are not equity offerings but rather derivatives that give investors exposure to the firms. Tenev added that other private companies have expressed interest in using similar tokenization methods to improve equity accessibility. However, OpenAI issued a statement confirming it has not partnered with Robinhood on its private equity tokens, emphasizing that any transfer of its equity requires formal approval. Despite this scrutiny, Tenev maintained his confidence that Robinhood's offerings will meet regulatory requirements while also underscoring the increasing investor demand for private equity tokens.