Overview
- Phase 1 is live in the European Union, offering nearly 800 tokenized securities inside the Robinhood app with private equity additions planned.
- These tokens cannot be withdrawn to external wallets or used on outside protocols, keeping activity confined to Robinhood’s platform.
- Phase 2 targets always-on trading infrastructure by leveraging Bitstamp, the exchange Robinhood bought for about $200 million earlier this year.
- Phase 3 is described as a longer-term goal to make stock tokens permissionless and withdrawable for use across DeFi applications such as Aave.
- Offchain Labs’ A. J. Warner outlined the roadmap at Devconnect in Buenos Aires, noting the offering runs on Arbitrum and that Stylus aims to address C++/Rust compatibility hurdles.