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Home»ADOPTION NEWS»Robinhood launches cryptocurrency trading app in Europe
ADOPTION NEWS

Robinhood launches cryptocurrency trading app in Europe

By Crypto FlexsDecember 7, 20232 Mins Read
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Robinhood launches cryptocurrency trading app in Europe
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Posted 1 minute ago In ~

Investing app Robinhood today announced the launch of its cryptocurrency trading app in the European Union.

The app is scheduled to launch in Europe on Thursday and will have over 25 tokens available to investors, including BTC, ETH and SOL.

The company launched its brokerage service in the UK just over a week ago, after two failed attempts. One of them involved the acquisition of British cryptocurrency startup Ziglu, but that deal ultimately fell through.

In today’s announcement, Robinhood said its platform is the only one on the market that offers to repay customers a percentage of their trading volume in BTC each month. Users can also receive referral bonuses in BTC.

“The EU has developed one of the world’s most comprehensive policies for regulating cryptocurrency assets,” Johann Kerbrat, GM of Robinhood Crypto, said in a statement. That’s why we chose this region to anchor Robinhood Crypto’s international expansion plans.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Ryan Weeks is The Block’s trading editor, focusing, among other things, on fundraising, M&A, and institutional trends in the cryptocurrency space. He’s particularly interested in investigative work, so please send him tips! Ryan previously worked as London fintech correspondent for Financial News and Dow Jones. Prior to that, he wrote for several publications, including Sifted, AltFi, and Wired. In addition to journalism, Ryan is a keen reader and writer. He enjoys anything active. He especially enjoys running, rugby, hiking and tennis.

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