ChainCatcher reported that Robinhood's crypto division said it has provided deposit and withdrawal services for more than 20 digital assets to European customers. This update supports cryptocurrencies such as BTC, ETH, SOL and USDC, following an increase in demand from its European customer base.

The move is in line with the company's broader strategy to expand its European business. Robinhood positioned the move as a means of giving users better control over their digital assets and simplifying access to DeFi.

"This is one of the most requested features from our customers," said Johann Kerbrat, vice president and general manager of Robinhood Crypto.