Robinhood launches new crypto tools in the US and rolls out XRP and SOL futures in Europe

Robinhood announced significant crypto updates for both its US and European platforms. In the US, new tools for active traders include manual cost basis tracking for deposits, expanded fee tiers as low as 0.03% for high-volume traders, and the launch of crypto staking for New York customers. The platform now supports over 45 digital assets. For European users, following MiCA and MiFID approvals, Robinhood rolled out money market funds for yield on uninvested cash, access to over 1,000 stock tokens, and expanded perpetual futures trading to include XRP, SOL, DOGE, and SUI with up to 7x leverage. The company also plans to launch a web trading platform in Europe soon and is developing Robinhood Chain, a Layer 2 network built on Arbitrum.

(Source：Crypto Briefing)