Robinhood launches ETH and SOL stake services for US users, allowing participation with just $1.

Robinhood recently announced the expansion of its stake services, allowing U.S. customers to participate in Blockchain validation without directly running validation Nodes. Users only need to spend $1 to earn staking rewards through their Crypto Assets Holdings. This move signifies Robinhood's further development in the digital asset space, particularly the launch of staking services in the U.S. market.

Ethereum and Solana stake services

Robinhood currently offers an Ethereum staking service that uses a batch processing method, pooling customers' staking funds together to meet the Ethereum network's minimum requirement of 32 ETH for validation nodes. Depending on the aggregation of funds, users can expect to receive between 50% to 100% of the Ethereum protocol staking rewards.

In addition, Robinhood has also launched Solana stake services, allowing users to participate without any technical operations, as Robinhood handles all related processes, simplifying the participation process for retail investors. Robinhood stated that this expansion aligns with its goal of providing easy-to-use encryption services and is consistent with its digital asset growth strategy.

Local regulations restrict stake rewards fees

However, due to regulatory restrictions in various states, Robinhood currently does not offer staking services in California, Maryland, New Jersey, New York, and Wisconsin.

Starting from October 2025, Robinhood plans to charge a 25% commission on staking rewards, along with additional third-party service fees. Although this aligns with the average charging levels in the industry, Robinhood still states that its goal is to maintain a lower entry threshold to attract retail users.

Expansion of Robinhood's digital asset strategy

The launch of this staking service is part of Robinhood's proactive expansion in the digital asset space. In recent months, Robinhood has acquired one of the oldest crypto exchanges in the world to strengthen its global footprint and institutional capabilities. At the same time, Robinhood also acquired the Canadian crypto platform WonderFi, further integrating its financial services around digital assets.

In addition, Robinhood has also announced plans to build its own Blockchain based on Arbitrum, providing on-chain equity trading and decentralized services, further deepening its digital asset ecosystem.

Increase the variety of digital assets to enhance trading revenue

Robinhood continues to add new types of digital assets and reports that crypto assets are increasingly occupying a larger share of its trading-based revenue. Previously, Robinhood did not offer staking services to U.S. customers due to regulatory uncertainties, but with changes in the regulatory environment, the company is now able to launch this new service.

(Translated from CryptoSlate)