Ahead of the US stock market, Robinhood's stock price is fluctuating, currently reported at $94.55.

Gate News bot message, on July 1, before the opening of the US stock market, Robinhood (HOOD) experienced a brief rise of over 4%, followed by a pullback. As of now, the increase has narrowed to 0.93%, with the stock price reported at $94.55.

Recently, Robinhood announced two new initiatives: first, the launch of tokenized stock products based on Arbitrum, and second, plans to build a Layer 2 network specifically for real-world assets (RWA). These developments have attracted market attention.

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