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Robinhood Trades Stocks on Arbitrum

Robinhood’s Arbitrum-Powered Finance
Arbitrum Transforms Stock Trading: On June 30, 2025, Robinhood introduced tokenized OpenAI, SpaceX, and 200+ U.S. stocks for EU users, powered by Arbitrum’s Layer 2 blockchain. “Crypto is the next evolution of finance,” said CEO Vlad Tenev. Arbitrum’s Steven Goldfeder praised Robinhood’s vision, noting its seamless app integration. Fireblocks secures trades, advancing the 2022 EU app’s goal of accessible finance.
Tokens Boost EU Access: To draw its 1M+ EU users, Robinhood offers €5 in OpenAI and SpaceX tokens for sign-ups by July 7, 2025. It invested $1M in OpenAI and $500K in SpaceX tokens, with Tenev adding $1M more. Claim via the EU app. “Arbitrum fades into the background,” Goldfeder said, enabling user-friendly trading. A 17% ARB token rise signals strong momentum for this crypto-driven expansion.
Stock Climbs, US Restricted: Robinhood’s stock leaped 10% to $94.24, a record, after the launch. US users, locked out by regulations, await Tenev’s reform efforts. EU users, claim tokens by July 7 via the app. Arbitrum’s tech keeps trading EU-exclusive, with no U.S. timeline. Read More.
️ On today's Top Picks:
- ⭐️ xStocks launches on Solana $SOL, Kraken, and Bybit.
- ⭐️ Katana launches Mainnet, 1B $KAT incentives campaign.
- ⭐️ Circle $CRCL applies for US banking license.
- ⭐️ Paolo Ardoino teases PearPass password manager.
Read time: ⏰ 4 minutes
Crypto News
• ⭐️ Robinhood $HOOD launches Robinhood Chain on Arbitrum $ARB; to offer tokenized US stocks for EU users.
• REX-Osprey Solana $SOL Staking ETF to launch on July 2nd; to stake at least 50% of its holdings.
• ⭐️ xStocks launches xStocks, tokenized stocks developed by Backed, on Solana $SOL, Kraken, and Bybit; to integrate with Jupiter, Raydium, Kamino, & more.
• FTX Creditors with less than $50K claims were paid 120%; creditors with more than $50K claims were paid 72.5%, but will receive the other 27.5% later this year, 2026, and/or 2027.
• Digital Asset Investment Products saw $2.7B of inflows last week; Bitcoin $BTC $2.2B inflows, Ethereum $ETH $429M inflows, Solana $SOL $5.32M inflows, Ripple $XRP $10.64M inflows.
Alpha
• Optimism SuperStacks campaign ends; users can exchange XP for $OP on July 15th.
• ⭐️ Katana launches Mainnet; 1B $KAT incentives campaign is live; KAT to become transferable no later than February 20th, 2026.
• Camp launches Act 2 of the Incentivized Summit Series; 16 new teams have joined the Camp expedition; complete new tasks to earn Matchsticks points.
• Boundless launches the Boundless Foundation; to potentially launch TGE & airdrop soon.
Airdrops
• Weekly Airdrop Recap by Earndrop.
• Trusta reveals $TA tokenomics; 3% of supply allocated for airdrops; 25% of supply allocated for community incentives.
• ICYMI Weekly Airdrop Recap (June 21st) by Earndrop.
• ICYMI Tea unveils $TEA tokenomics; 28% of supply is allocated to airdrops; TGE & airdrop expected in Q3.
Finance News
• Strategy $MSTR buys an additional 4,980 Bitcoin $BTC for ~$531.9M at ~$106,801 per BTC; now holds 597,325 BTC worth ~$64B.
• Metaplanet $3350.T buys an additional 1,005 Bitcoin $BTC for ~$108.1M at ~$107,601 per BTC; now holds 13,350 BTC worth ~$1.4B.
• Ark Invest $ARKK $ARKW $ARKF sells $43.8M of Coinbase $COIN shares; COIN closed at ~$375 on June 26th, its highest daily close since going public in April 2021.
• ⭐️ Circle $CRCL applies for US banking license; would enable Circle to act as a custodian for its own reserves.
• American Bitcoin, a proprietary mining subsidiary of Hut 8 $HUT, raises more than $220M via private equity placement; American Bitcoin is also backed by Donald Trump Jr. and Eric Trump.
Security and Exploits
• ⭐️ Paolo Ardoino, CEO of Tether, posts "PearPass testing. Soon available open-source at pears[.]com"; PearPass is a local, private password manager created by Tether.
• Unphishable, an interactive Web3 anti-phishing training platform, officially launches; complete all challenges to potentially win rewards.
Token Unlocks
• Across $ACX / ~$14M / JUN 30th
• Optimism $OP / ~$17M / JUN 30th
• Kamino $KMNO / ~$13M / JUN 30th
• Sui $SUI / ~$123M / JUL 01st
• Ethena $ENA / ~$11M / JUL 02nd
Sourced from Tokenomist
Funding
• Datagram raises $4M in Pre-Seed funding led by Avalanche's Blizzard Fund.
• InshAllah raises $2.1M in Pre-Seed funding led by AllianceDAO.
The Degen Farmer
Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!
PROTOCOL | ASSETS | APY |
---|---|---|
![]() | IDAIIUSDCIUSDT | 64.34% |
![]() | USDC | 37.49% |
![]() | KPDUSDC | 35.00% |
![]() | USDN | 19.59% |
![]() | IUSD | 17.56% |
![]() | USDTUSDC | 17.53% |
![]() | SBUSDTUSDC | 16.48% |
![]() | USDT.EUSDC.E | 15.93% |
Socket: First Chain Abstraction Protocol | ![]() |
Socket: The first chain-abstraction protocol, Socket empowers developers to build applications that seamlessly interact across multiple blockchains as if they were one. By unifying liquidity, users, and assets, Socket eliminates the complexities of cross-chain operations, offering a secure, efficient, and decentralized framework for the multichain future.
Bungee: Powered by Socket, Bungee is a global liquidity marketplace that simplifies cross-chain swaps. With over $20B in volume and integrations in major wallets and dApps, Bungee finds the fastest, cheapest, and most secure routes to move any token across any chain, delivering a gasless and user-friendly DeFi experience.
v2 & Solana: Bungee’s newly launched v2, the Open Liquidity Marketplace, makes trading across chains even smoother with BungeeAuto ensuring reliable swaps and access to deeper liquidity pools. Now, with Solana support, you can bridge from over 30 EVM chains to Solana in a snap, swapping tokens to dive into its thriving memecoin markets with minimal hassle.
That’s it for today’s edition! See you soon.
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