Robinhood Rolls Out Layer-2 Blockchain, AI Platform and Europe Perpetual Futures
HOOD•Robinhood launched a new Layer-2 blockchain network alongside an AI-powered trading platform and rolled out perpetual futures trading in Europe, driving its shares up about 4% intraday. A senior analyst maintained an Outperform rating and raised the price objective to $130, implying 15% further upside.
1. Blockchain Network Launch
Robinhood has deployed its own Layer-2 public blockchain to process crypto trades, aiming to accelerate settlement times and reduce on-chain fees. The network supports smart contracts and is integrated with major oracle providers for price feeds.
2. Europe Perpetual Futures and AI Platform
The firm introduced perpetual futures trading in multiple European markets and unveiled an AI-powered crypto trading suite that uses automated agents to execute orders and manage risk around the clock. These offerings are designed to expand Robinhood’s product portfolio and tap new fee pools.
3. Analyst Upgrade and Price Target
A leading brokerage reiterated an Outperform rating and lifted its price objective to $130, citing the combined impact of blockchain infrastructure, AI capabilities and global expansion. The new target suggests potential upside of roughly 15% from current levels.
