Robinhood’s shares surged to within a six-month high on July 1 after the firm rolled out European derivatives trading and launched crypto services in the UK. The move broadens its product lineup across EU markets and seeks to tap growing demand among UK crypto investors.
On July 1 Robinhood stock jumped significantly, reaching levels not seen in six months as investors reacted to the company’s new market expansions. The rally reflects bullish sentiment on its diversified product lineup and potential for increased trading volume.
Robinhood introduced a suite of derivatives products across multiple EU jurisdictions, including options and futures contracts. This rollout aims to capture institutional and retail demand for advanced trading tools previously unavailable on its platform.
Simultaneously, Robinhood launched crypto trading services tailored to UK customers, offering spot trading of major tokens. The UK rollout targets a rapidly growing retail crypto base and could drive new fee-based revenue streams.
Finance
