Robinhood launched Ethereum (ETH) and Solana (SOL) on 10 July and Solana services for American customers, so that users can reward on their crypto rewards with only $ 1.
The new function is expanding the range of Robinhood outside of Europe, so that American customers can participate in blockchain -validation without running directly validators themselves.
For Ethereum, Robinhood will use a batch processing method that bundles the interests of customers to meet the minimum 32 ETH validator requirement of the network. Depending on the aggregation dynamics, users can expect to receive between 50% and 100% of the protocol storage rewards from Ethereum.
Solana is now also available, where Robinhood manages all technical processes to simplify the participation for retail investors. The company said that the expansion of deploying its focus on user-friendly crypto services reflects and is in accordance with its broader strategy for digital assets.
However, due to the state -specific legal restrictions, it is not offered to residents of California, Maryland, New Jersey, New York and Wisconsin.
From October 2025, Robinhood is planning to introduce a commission of 25% in the field of rewards, in addition to offering costs of third parties. Although the combined reimbursements reflect a broader industrial rates, the company wants to maintain a low entry threshold to attract retail users.
The launch comes as part of the aggressive expansion of Robinhood to digital assets. In recent months, the Bitstamp company, one of the world’s longest-running crypto exchanges, has taken over to strengthen its global footprint and institutional possibilities.
It also bought Wonderfi, a Canadian Crypto platform, which indicates its intention to integrate broader financial services on digital assets.
Earlier this year, Robinhood announced plans to build his own blockchain on arbitrum to offer stock trading on chains and decentralized services directly within his ecosystem.
The platform continued with adding new cryptocurrencies and recently reported that crypto was good for a growing part of his transactions -based income.
Robinhood had previously avoided offering American customers due to legal uncertainty, but quoted recent shifts in the landscape if it was possible to make the new service outroll possible.
The company’s broader crypto strategy is intended to position it and both a retail-friendly gateway to digital assets and a competitive alternative to leading crypto exchanges.
