Robinhood Stock Surged Amid EU Token Launch News: Crypto Market Rally?

On Monday, June 30, 2025, Robinhood Markets Inc. made a big announcement that’s grabbing global attention. At its " Robinhood Presents: To Catch A Token " event held in Cannes, France, the company revealed plans to launch US stock and ETF tokens for investors in the European Union. This move officially marks its major entry into the European financial scene.

Source: X

This is a big step because it allows European users to buy and trade tokenized versions of major US companies like Apple, Microsoft, and NVIDIA. These tokens act like digital versions of real stocks and are available directly through the app in the EU.

Robinhood Stock Price Shoots Up After Token News

Right after the announcement, Robinhood share price (HOOD) jumped nearly 12%, reaching close to $93.63 per share. That’s a massive rise considering it has already gained 144% this year and 301% in the past 12 months. The company’s stock was trading at just $34 back in April 2025.

Source: TradingView

Analysts are now raising their price targets. Bank of America increased theirs to $95, while Compass Point lifted theirs to $96. That’s only a slight jump from the current price, but still reflects confidence in the company's growth direction.

But some experts warn about its high valuation. The price-to-earnings (P/E) ratio is now 47.39, with a forward P/E of 55—signs that the market is very optimistic. If the broader market slows down, it may face downside pressure too.

Robinhood’s Crypto and Stock Token Expansion

Robinhood isn’t just stopping with stock tokens. It’s building a complete platform for both crypto and traditional finance. Here's what’s coming:

• 200+ Stock and ETF Tokens in EU : Users can buy tokens with a small 0.10% currency conversion fee. These tokens will initially run on the Arbitrum blockchain , and eventually on the company's own Layer-2 blockchain, which is being developed.

• Dividends and Stock Splits Supported : Token holders will receive dividends right in the app.

• Perpetual Futures Trading : EU users will soon get access to crypto futures with up to 3x leverage.

• Crypto Staking and Credit Cards : U.S. users can now stake Ethereum and Solana, and a Robinhood Gold Credit Card is launching this fall.

• AI Investment Tool (Cortex) : Coming soon, this AI assistant will help users make smarter decisions.

All these features are aimed at making investing easier and more modern for users in 31 countries, a big jump from the previous six-country rollout.

What This Means for the Crypto Market

Even though Robinhood announcement is exciting, the cryptocurrency market itself remains shaky. A lot of fear is still hanging around.

First, there's the political tension between Donald Trump and Elon Musk over the “Big Beautiful Bill.” On top of that, Trump’s promise to replace Fed Chair Jerome Powell with someone who can cut interest rates from 4.25% to 1% is shaking investor confidence.

All eyes are now on the Federal Reserve’s speech scheduled for today. Depending on what’s announced, the market could go up—or face another downturn.

Robinhood’s global push is giving some hope to the market. It shows how traditional finance and crypto are slowly coming together. But for now, the crypto world remains on edge, and investors are watching closely to see what happens next.

Conclusion

Robinhood’s move to bring tokenized stocks to the EU is a bold and smart step. It has already helped boost the company’s stock price, and it may bring more people into the crypto and digital investing space. But given the current political and financial uncertainty, especially in the U.S., the overall market might still face some rough days ahead.