Robinhood is working on a blockchain-based platform aimed at enabling traders in Europe to access U. S. financial assets, according to two sources familiar with the matter who spoke to Bloomberg. The new platform is reportedly considering integration with three blockchains: Arbitrum (ARB), Ethereum (ETH), and Solana (SOL). This initiative will involve a partnership with a digital asset firm, the report notes. Tokenized assets have emerged as a key area for traditional financial institutions seeking deeper involvement in the crypto space.
Several companies have already launched tokenized funds, with some analysts projecting the market could expand to $23. 4 trillion by 2033. Tokenization involves creating a digital token on the blockchain that represents a traditional asset. This process enhances data security, enables faster settlement of transactions, and increases liquidity, among other benefits.
Robinhood Develops Blockchain Platform for European Access to US Financial Assets
Around 2019, before AI’s surge, C-suite leaders primarily worried about ensuring sales executives accurately updated the CRM.
Otterly.ai, a pioneering Austrian software company, has recently attracted attention for its novel approach to monitoring brand and product representation within responses generated by large language models (LLMs).
Nvidia has recently become the first company to reach a $5 trillion market valuation, just three months after surpassing the $4 trillion mark.
Scope AI has unveiled a groundbreaking advancement in data security through the development of its quantum resilient entropy technology, known as QSE Technology.
Artificial intelligence is dramatically reshaping video analytics by enabling the extraction of actionable insights from massive quantities of visual data.
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