Robinhood has expanded its crypto and tokenized-finance stack with a Wallet update that brings stock tokens, onchain funding and perpetual futures access into the same user flow.
The new Robinhood Wallet update adds access to perpetual futures through Lighter, funding through Apple Pay and Google Pay, and stock token access in one place. Robinhood is also covering gas fees on Robinhood Chain for 90 days, including swaps and bridge transactions, while offering zero fees on perps during the same promotional window.
The update gives Robinhood Wallet a larger role inside the company’s onchain strategy. The wallet is no longer only a self-custody crypto interface. It is becoming the access layer for tokenized stocks, onchain funding, bridge activity, swaps and derivatives connections.
That product direction follows Robinhood’s earlier stock-token launch in Europe, where eligible users gained exposure to U.S. stocks and ETFs through tokenized instruments. Stock tokens remain unavailable in the U.S. and restricted in other jurisdictions.
Robinhood Chain Targets Tokenized Finance
Robinhood Chain is now central to the company’s long-term crypto roadmap. The Layer 2 network is built for financial services and tokenized real-world assets, with support for stock tokens, trading, lending, yield, bridges, wallets and AI-agent activity.
The chain runs on Arbitrum infrastructure and is designed for high-throughput financial applications. Robinhood lists 100ms block times, Ethereum security and permissionless access for developers building around tokenized markets.
The stock-token structure carries important limits. Robinhood describes the products as tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They provide economic exposure to underlying securities, but they do not give holders legal or beneficial ownership rights in the referenced shares.
That distinction keeps the product closer to derivative-style market access than direct shareholder ownership. It also places Robinhood inside the same tokenized-equity debate already shaping other platforms. Pyth recently launched 24/7 indices for equities, metals and oil, giving exchanges and onchain trading platforms continuous reference prices for assets that traditionally depend on market hours.
EU Perpetual Futures Expand Beyond Crypto
Robinhood is also expanding EU perpetual futures beyond crypto. Eligible European users can trade perpetual contracts referencing crypto, ETFs, commodities and currencies with up to 10x leverage.
The product page lists 24/7 trading, long and short exposure, take-profit orders, stop-loss orders, liquidation warnings and access across app and desktop. Robinhood says contracts referencing traditional assets are rolling out gradually, with availability varying by market and user eligibility.
The regulatory setup matters because Robinhood Europe operates under both financial-instrument and crypto-asset permissions in the EU. Robinhood’s latest filings describe MiCA and MiFID II as complementary frameworks, with MiCA covering crypto assets and MiFID II applying where products qualify as financial instruments.
That dual-regime structure gives Robinhood a different position from exchanges still adjusting to Europe’s MiCA deadline. Binance recently restricted services in several EU markets after missing the MiCA license deadline, while licensed platforms are using regulatory coverage to expand products around spot crypto, derivatives and tokenized assets.
Robinhood’s latest product push now connects three parts of the same strategy: Wallet access, Robinhood Chain infrastructure and EU derivatives expansion. Robinhood Chain gas-fee coverage runs for 90 days, while EU perpetual futures on traditional assets are rolling out gradually with up to 10x leverage.
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