00:00It's Benzinga bringing Wall Street to Main Street.
00:02Robinhood announced its largest crypto and decentralized finance expansion Wednesday
00:07as it works to bridge traditional finance and crypto, according to Benzinga.
00:11At a London event, the company introduced a product suite that includes its own Layer 2
00:17blockchain, tokenized stocks, decentralized lending, AI-powered crypto trading, and new
00:23perpetual futures offerings. The blockchain is built on Arbitrum and designed to support
00:28real-world assets and DeFi applications. Robinhood also introduced stock tokens, allowing eligible
00:34users in more than 120 countries to trade tokenized U.S. stocks around the clock. The company is
00:40rolling out Robinhood Earn for eligible U.S. customers to lend USDG stablecoins through
00:46self-custody wallets. Robinhood is also extending egenic trading into crypto with upcoming egenic
00:51accounts. For all things money, visit Benzinga.com.
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