Robinhood has rolled out 'tokenized' stocks and ETFs. Here's what to know about the crypto-like assets.

A pop-up kiosk for Robinhood along Wall Street after the company went public in New York City.Spencer Platt/Getty ImagesRobinhood stock surged last week on news that the brokerage would offer tokenized stocks to users in Europe. Tokenization is the act of creating a digital representation of an asset on the blockchain. The technology could allow for more seamless trading, but investors should be aware of unique risks. Robinhood stock surged last week after the company announced that users in Eur