The price of the cryptocurrency Arbitrum (ARB) has surged nearly 16% following rumors of a potential collaboration between the Arbitrum platform and the popular fintech service Robinhood. This price jump occurred against the backdrop of the announcement of participation by Ethereum co-founder Vitalik Buterin and CSO of Offchain Labs AJ Warner in the Robinhood Europe event, which will take place in Cannes.
This is reported by Finway
Event Announcement and Market Price Increase
Robinhood announced a fireside chat featuring key figures from the crypto industry: Vitalik Buterin, AJ Warner, and Robinhood Crypto’s head Johann Kerbrat. The company’s official website stated that the conference aims to “open a new chapter” and introduce a range of new cryptocurrency products.
“Join us in Cannes for a fireside chat with our crypto GM, @JohannKerbrat, Ethereum founder @VitalikButerin, and CSO @offchainlabs, @ajwarner90. Tune in tomorrow at 19:45 Kyiv time on Robinhood X and YouTube.” – Robinhood (@RobinhoodApp)
Potential Partnership and Market Reaction
The crypto investor community is actively discussing the prospect of an announcement regarding a partnership between Robinhood and Arbitrum. Experts believe that the participation of the CSO of Offchain Labs in the event has intensified speculation that Arbitrum could become the primary blockchain for Robinhood’s new products. It is worth noting that back in May 2025, there were reports about Robinhood’s plans to launch a blockchain platform for trading tokenized shares of American companies in Europe, with Arbitrum and Solana mentioned as potential partners. The project involves issuing tokens tied to shares at a 1:1 ratio.
Former Ethereum Core team member Eric Conner also highlighted the possibility of Robinhood selecting Arbitrum as its main blockchain.
Looks like Robinhood chose Arbitrum https://t.co/oq29GIieKA. – Eric Conner (@econoar)
Against this backdrop, the price of Arbitrum (ARB) rose above the $0.39 mark, after which it slightly corrected. The daily increase was nearly 16%, while the weekly increase was around 34%.
Robinhood’s shares also reacted to the news: during pre-market trading, their price reached $86.
Recall that Robinhood previously completed the acquisition of the Bitstamp exchange for $200 million, strengthening its position in the European cryptocurrency market.