People with direct knowledge of the project said that discussions remain ongoing and that no final decision has been made regarding the technology partner or launch timeline.
A spokesperson for Robinhood declined to comment on the matter. Representatives from Offchain Labs, the developer of Arbitrum, and the Solana Foundation also did not respond to inquiries.
The plan would expand Robinhood’s European offerings beyond crypto trading, representing the full scope of its services in the European Union.
In April, Robinhood obtained a brokerage license in Lithuania, authorizing it to offer stock trading and investment services across the bloc.
The infrastructure under development would tokenize US equities, allowing them to be represented on a public blockchain and traded by European users.
While the approach is still in formation, such a system would offer the potential benefits of near-instant settlement, cost reductions, and transparency across a trade’s lifecycle.
By building a blockchain-based framework for cross-border securities trading, Robinhood would be positioning itself to compete in a segment that merges traditional equities with digital asset infrastructure.
The choice between Arbitrum and Solana would influence network characteristics such as throughput, fees, smart contract capabilities, and compatibility with the Ethereum Virtual Machine (EVM).
