Robinhood Markets‘ (NASDAQ: HOOD) stock-trading and investing platform has grown in popularity with retail investors in recent years. The company, which simplified trading with its app and offered its users the ability to buy and sell stocks and other assets with no commission fees, had more than 25 million funded accounts on its platform in 2024 versus just 10 million five years ago.
But Robinhood isn’t content with the status quo, and it’s always looking for ways to expand and generate more growth. Its latest move: offering tokenized shares of public companies — and even private ones. And that could prove to be a huge growth catalyst.
Image source: Getty Images.