PANews reported on November 28 that Robinhood announced the launch of Ethereum staking services, allowing European users to earn returns on their ETH holdings through this service. Additionally, earlier this year, Robinhood Crypto launched Solana staking services in Europe.
Robinhood Crypto General Manager and Vice President Johann Kerbrat stated that staking services are a highly demanded feature by users, but may be complex for cryptocurrency newcomers. Robinhood has simplified the staking process, allowing users to efficiently contribute to the security of the ETH network while earning rewards.