Robinhood Markets Inc. (HOOD) saw its shares soar to a record high on Monday after the company launched crypto stock tokens for customers in the European Union. This bold move gives EU investors access to over 200 tokenized U.S. stocks and ETFs, including big names like Nvidia, Microsoft, Apple, and Amazon.
The most exciting part? Robinhood also introduced private-stock tokens for SpaceX and OpenAI, two of the most valuable private companies in the world. These tokens will run on decentralized blockchain technology, starting with Arbitrum, with plans to shift to Robinhood’s own blockchain later.
During the launch event, CEO Vlad Tenev called this offering a game-changer. “As long as you’re a Robinhood EU customer, you’ll be able to claim what we believe are the world’s first OpenAI and SpaceX private-stock tokens,” he said.
Robinhood’s stock closed 12.8% higher on Monday, marking its 11th record high of the month. It jumped 41.5% in June, the best monthly gain since November’s 59.8% rally. In May, shares had already surged by 34.7%.
So far in 2025, Robinhood shares are up 151.3%, beating both Bitcoin’s 15.1% gain and the S\&P 500’s 5.5% rise. Analysts say Robinhood is benefiting from increased interest in crypto assets, especially as the U.S. political environment turns more crypto-friendly.
Why This Matters for Investors
The launch of tokenized stocks brings major U.S. equities to the blockchain, making them more accessible to international investors. EU customers can now trade U.S. stocks 24/7 — without paying commissions or extra spreads. However, Robinhood did mention that other fees may apply.
Private stock tokens for companies like SpaceX and OpenAI also add a fresh opportunity. These firms are not yet public, but tokenized exposure now lets everyday investors get in early.
