Robinhood EU Distributes Free Stock Tokens for OpenAI, SpaceX
The post Robinhood EU Distributes Free Stock Tokens for OpenAI, SpaceX appeared on BitcoinEthereumNews.com.
Key Points: Robinhood EU officially launches a stock token giveaway for OpenAI and SpaceX starting June 12, 2025. European users can access tokens until July 10, 2025. Supported by Solana or Arbitrum, expanding real-world asset tokenization. Robinhood EU has commenced a giveaway of private stock tokens for OpenAI and SpaceX through its application, available until July 7, 2025. Set to bolster European users’ access, the offering represents a significant expansion into blockchain platforms. Robinhood CEO Vlad Tenev highlighted the opportunity this presents for EU investors to engage with US companies, addressing a historical gap. The move could catalyze broader adoption and increased on-chain activity. Robinhood’s Stock Token Launch Expands EU Access to U.S. Companies Robinhood EU’s giveaway involves stock tokens for OpenAI and SpaceX being available from June 12, 2025. This follows Robinhood’s strategic expansion into blockchain-based tokenization. The initiative is aimed primarily at European users with the intention of broadening access to privatized assets. Vlad Tenev, CEO of Robinhood, emphasized that the platform delivers improved liquidity for tokenized stocks. This aligns with Robinhood’s aim to overcome investments barriers, notably between EU and US enterprises. Market reactions have been positive, with analysts noting potential increases in Solana (SOL) network activity. Vlad Tenev reiterated that European expansion is enabled by recent EU regulation advances, namely the MiCA guidelines. “Right now, it’s very difficult to invest in a U.S. company if you’re overseas. The planned platform aims to change that by offering 24/7 access and improved liquidity to tokenized US stocks for European investors,” he remarked. Increased Blockchain Activity and Market Impact Anticipated Did you know? Robinhood’s move to tokenize real-world assets mirrors a recent strategy by Republic, expanding access to private equity through innovative blockchain solutions. Ethereum currently trades at $2,475.05, maintaining a $298.78 billion market cap with 8.99% market dominance,…
Filed under: News - @ June 30, 2025 8:23 pm