Beyond the Robinhood Chain ecosystem, the company announced several additional product launches and international expansion efforts. Robinhood said it is expanding perpetual futures trading in Europe to include commodities, ETFs and currency markets along with cryptocurrencies. It also plans to launch cryptocurrency trading in the United Kingdom and said its services are now available in Canada following the acquisition of WonderFi.
The company also introduced Agentic Accounts for cryptocurrencies, an AI-powered trading tool that will allow eligible US users to connect AI models to Robinhood’s trading infrastructure while retaining control over capital allocation and trading parameters.
“Decentralized finance opens up possibilities beyond what traditional finance can offer, but has historically required technical expertise to navigate,” Johann Kerbrat, senior vice president of crypto at Robinhood.
The Robinhood product push shows how the lines between cryptocurrencies and traditional finance continue to blur. The brokerage has steadily expanded beyond spot trading of stocks and cryptocurrencies into tokenized stocks, derivatives and event contracts, better known as prediction markets. That strategy fits into the race for the “exchange of everything” to house all types of commercial and financial activity under one roof, increasingly on the rails of blockchain.
At the same time, the company also said last month that it would lay off 10% of its workforce, about 290 employees, to streamline its organization and management structure.
