Robinhood Expands UK Platform with Direct Crypto Trading
Robinhood has launched direct crypto trading in the UK, allowing customers to buy and sell more than 50 digital assets through its app.
The service is powered by Bitstamp UK and will begin rolling out to eligible customers this week. The company also announced a new AI-powered research feature called Robinhood Cortex Digests for Crypto.
This tool uses generative AI to analyze breaking news, market data, technical indicators, and the platform's proprietary insights to present the main factors influencing an asset's price.
In addition to the trading service and new research feature, Robinhood is connecting its UK launch to its onchain strategy. The company has developed an Arbitrum-based layer 2 called Robinhood Chain for financial services and tokenized real-world assets.