Robinhood launches crypto services in Spain

Robinhood Crypto has expanded its services to Spain, enabling users to trade, stake, and invest in cryptocurrencies directly on the platform. 

This expansion is part of Robinhood’s ongoing strategy to grow its presence across the European Union, following the introduction of the EU’s Markets in Crypto-Assets regulations, which establish clear rules for the digital asset industry.

Robinhood began its European expansion in late 2023, gradually introducing features to users across the region.

Robinhood has introduced localized app versions in countries such as Italy, Poland, and Lithuania, incorporating features tailored to regional needs.

In October 2024, Robinhood introduced crypto transfer capabilities in Europe, allowing users to deposit and withdraw over two dozen tokens. This service was described by the company as one of the most requested features in the region. 

To encourage adoption, Robinhood also offered a limited-time 1% reward on crypto deposits.