Robinhood Markets Inc is hovering around 93.94 USD, riding a massive 151% year-to-date gain. Most of the rally came after it launched tokenized stock and ETF trading across all 31 EU and EEA countries, followed by a crypto push and teasers of perpetual futures trading. Social media chatter has exploded, especially on Reddit and X, where HOOD mentions are up sharply since early Q2.
The key innovation here is asset tokenization. Every token is backed by an actual asset held in custody. That includes both stocks and ETFs, with plans to expand into real estate and other unique assets. Robinhood is rolling this out in phases. Phase one is complete. Phase two brings 24/7 token trading. Phase three allows self-custody and wallet transfers. Perpetual futures are already in the pipeline.
Wall Street is paying attention. Cantor Fitzgerald raised its target to 110 USD, citing Robinhood’s aggressive expansion and infrastructure. KeyBanc followed with a 100 USD target. The bullish case here leans heavily on growth in Europe, rising token adoption, and success in blending traditional equities with blockchain mechanics.
ROBINHOOD $HOOD CEO VLAD ON BLOOMBERG:
The goal of tokenized public stock is to let retail investors trade private company exposure, tackling what he calls “one of the biggest inequities in capital markets” as firms stay private longer.
He confirmed these tokens are structured… pic.twitter.com/E5eD49AU6h
— Wall St Engine (@wallstengine) July 8, 2025
HOOD currently trades at a P/E of 23 and posted 1.75 USD EPS last quarter. The market cap sits at 36.9 billion USD. At this level, Robinhood is no longer being valued as a pure meme play. But that comes with pressure to execute.
Risks include U.S. regulatory delays and questions around long-term user adoption of tokenized assets. The SEC remains quiet, and until U.S. approval lands, Robinhood’s token push is geographically capped. In addition, sentiment remains fragile. One misstep or legal snag could spark a fast reversal.
Watch the 90 USD support level. It’s held firm after the latest surge. If it cracks, bears could push toward 80 USD quickly. On the flip side, if HOOD climbs past 110 USD, momentum could push the name to 130 USD, especially with Q3 guidance due soon.
Robinhood is no longer trying to just survive post-meme world. It’s building an entirely new framework for trading, custody, and asset ownership. The infrastructure is being laid brick by brick, but the clock is ticking on execution.
Disclaimer: This is not financial advice