Robinhood’s decision to offer European Union customers continuous, blockchain-based trading of U.S. equities has delivered an unmistakable jolt to the continent’s brokerage industry.
Robinhood Markets is moving beyond its crypto-only footprint in Europe by introducing blockchain-based “stock tokens” that mirror ownership of private U.S. companies such as OpenAI and SpaceX.
Tata Steel stock surged 2.56 percent on Thursday after sustained buying in the counter. Other steel companies also witnessed strong performance including SAIL and JSW Steel.