According to reports, Robinhood is ramping up its cryptocurrency business. The company stated that starting Tuesday, the trading app will launch Ethereum and Solana staking services in New York and plans to expand its operations nationwide. Robinhood also announced its entry into the global cryptocurrency market. In Europe, it will add perpetual futures contracts for multiple cryptocurrencies, and it will also enter the Indonesian market after agreeing to acquire a brokerage firm and cryptocurrency platform in the country.