Robinhood pushes 24/7 markets with perps, stock tokens and bitcoin rails
- —Robinhood launched crypto perpetual futures for an initial US client group, with a full rollout planned over coming months
- —Leverage is capped at 10x for BTC and ETH and 3x for other crypto, with no 100x offering
- —A June CFTC no-action letter accelerated the US perps launch
- —Overseas demand for basis trades on stock tokens is high, and Robinhood is working to address it
Why it matters: Robinhood's move into 24/7 markets and perpetuals intensifies competition for retail and institutional trading flow.
Source: TokenPost