Robinhood launched Ethereum (ETH) and Solana (SOL) staking companies for U.S. clients on July 10, enabling customers to earn staking rewards on their crypto holdings with as little as $1.
The brand new characteristic expands Robinhood’s staking choices past Europe, permitting American clients to take part in blockchain validation with out instantly operating validators themselves.
For Ethereum, Robinhood will use a batch-processing methodology that swimming pools buyer stakes to fulfill the community’s minimal 32 ETH validator requirement. Relying on aggregation dynamics, customers can anticipate to obtain between 50% and 100% of Ethereum’s protocol staking rewards.
Solana staking can also be now obtainable, with Robinhood managing all technical processes to simplify participation for retail buyers. The corporate stated the growth into staking displays its deal with user-friendly crypto companies and aligns with its broader digital asset progress technique.
Nevertheless, as a result of state-specific regulatory restrictions, staking won’t be provided to residents of California, Maryland, New Jersey, New York, and Wisconsin at the moment.
Beginning October 2025, Robinhood plans to introduce a 25% fee on staking rewards, alongside third-party supplier charges. Whereas the mixed charges mirror broader trade charges, the corporate goals to keep up a low entry threshold to draw retail customers.
The launch comes as a part of Robinhood’s aggressive expansion into digital assets. In current months, the corporate acquired Bitstamp, one of many world’s longest-running crypto exchanges, to strengthen its world footprint and institutional capabilities.
It additionally bought WonderFi, a Canadian crypto platform, signaling its intent to combine broader monetary companies round digital belongings.
Earlier this yr, Robinhood introduced plans to construct its personal blockchain on Arbitrum to supply on-chain fairness buying and selling and decentralized companies directly within its ecosystem.
The platform has continued so as to add new cryptocurrencies and not too long ago reported that crypto accounted for a rising share of its transaction-based income.
Robinhood had beforehand averted providing staking to U.S. clients as a result of regulatory uncertainty, however cited current shifts within the panorama as enabling the brand new service rollout.
The corporate’s broader crypto technique goals to place it as each a retail-friendly gateway to digital belongings and a aggressive different to main crypto exchanges.