This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Robinhood is diving deeper into crypto by developing an Ethereum layer-2 network for tokenized assets, aiming to unify liquidity. Meanwhile, Kraken advances tokenized stock trading on Solana, highlighting divergent strategies among exchanges.
- Robinhood is developing an Ethereum layer-2 network on Arbitrum to trade tokenized assets, aiming for ecosystem-wide compatibility.
- Kraken is advancing tokenized stock trading on Solana through xStocks, despite its unused Ethereum layer-2 network, Ink.
- Both platforms highlight the industry's struggle with fragmented liquidity and competing standards in tokenization.
📎 Related coverage from: decrypt.co