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
Amazon has recently launched a major update to its Alexa smart home assistant, introducing new AI-driven features aimed at improving home automation and providing users with a more personalized experience.
Caylent Appointed Development Partner to Lead AWS-Native Build for Gaxos Labs Roseland, NJ, Feb
The Associated Press (AP) has formed a strategic partnership with ShortTok to advance its news production capabilities by integrating AI-driven content discovery and video curation technologies.
Adobe’s $1.9 billion acquisition of Semrush marks a major strategic investment to bolster its AI-driven marketing and analytics capabilities.
In today’s increasingly competitive digital marketing landscape, integrating artificial intelligence (AI) into search engine optimization (SEO) strategies has become crucial for businesses seeking to boost their online visibility and surpass competitors.
In a notable advancement in the artificial intelligence and server technology sectors, Counterpoint Research has published a detailed report highlighting the robust growth trajectory of non-GPU server AI chips, particularly those classified under the AI ASIC segment.
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