“Staking was one of the most requested features that we had at Robinhood.” – 03:15
Johann Kerbrat, SVP & GM of Crypto at Robinhood, joins Remy Blaire to discuss the exciting developments at Robinhood, particularly its recent expansion into the European market.
The pair kicked off the conversation by discussing Robinhood’s expansion across Europe, where it now provides tokenized US stocks, private company tokens, and crypto trading in 31 EU and EEA countries. Johann highlighted how European users can trade well-known names like Apple, Nvidia, SpaceX, and OpenAI all from a single app, with Robinhood holding the underlying shares for users through on-chain claiming.
One of the key topics we explored was the introduction of perpetual (PERP) futures in the EU. Johann explained how Robinhood has developed a user-friendly interface that allows customers to manage their risk and profits effectively. With leverage options ranging from 1 to 3x, users can choose between cross-margining or isolating their positions. He also mentioned that orders are routed to Bitstamp, a cryptocurrency exchange recently acquired by Robinhood.
As they shifted focus to the growing retail interest in crypto, Johann discussed the addition of four new altcoins to Robinhood’s platform. He emphasized the company’s commitment to listing assets that customers are interested in, while also ensuring a thorough review process for each asset to maintain safety and security.
Staking was another hot topic, as Robinhood has recently ramped up its crypto features by offering ETH and Solana staking for U.S. customers. Johann explained the rewards structure, lockup periods, and how Robinhood handles slashing or network penalties on behalf of users. He noted that staking was one of the most requested features and that the company aims to educate customers about the differences between staking and lending.