Robinhood launches ETH, SOL staking services for US users with $1 minimum

Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers connected July 10, enabling users to gain staking rewards connected their crypto holdings with arsenic small arsenic $1.

The caller diagnostic expands Robinhood’s staking offerings beyond Europe, allowing American customers to enactment successful blockchain validation without straight moving validators themselves.

For Ethereum, Robinhood volition usage a batch-processing method that pools lawsuit stakes to conscionable the network’s minimum 32 ETH validator requirement. Depending connected aggregation dynamics, users tin expect to person betwixt 50% and 100% of Ethereum’s protocol staking rewards.

Solana staking is besides present available, with Robinhood managing each method processes to simplify information for retail investors. The institution said the enlargement into staking reflects its absorption connected user-friendly crypto services and aligns with its broader integer plus maturation strategy.

However, owed to state-specific regulatory restrictions, staking volition not beryllium offered to residents of California, Maryland, New Jersey, New York, and Wisconsin astatine this time.

Starting October 2025, Robinhood plans to present a 25% committee connected staking rewards, alongside third-party supplier fees. While the combined fees reflector broader manufacture rates, the institution aims to support a debased introduction threshold to pull retail users.

The motorboat comes arsenic portion of Robinhood’s aggressive enlargement into integer assets. In caller months, the institution acquired Bitstamp, 1 of the world’s longest-running crypto exchanges, to fortify its planetary footprint and organization capabilities.

It besides purchased WonderFi, a Canadian crypto platform, signaling its intent to integrate broader fiscal services astir integer assets.

Earlier this year, Robinhood announced plans to physique its ain blockchain connected Arbitrum to connection on-chain equity trading and decentralized services directly wrong its ecosystem.

The level has continued to adhd caller cryptocurrencies and precocious reported that crypto accounted for a increasing stock of its transaction-based revenue.

Robinhood had antecedently avoided offering staking to U.S. customers owed to regulatory uncertainty, but cited caller shifts successful the scenery arsenic enabling the caller work rollout.

The company’s broader crypto strategy aims to presumption it arsenic some a retail-friendly gateway to integer assets and a competitory alternate to starring crypto exchanges.

The station Robinhood launches ETH, SOL staking services for US users with $1 minimum appeared archetypal connected CryptoSlate.