Robinhood’s decision to offer European Union customers continuous, blockchain-based trading of U.S. equities has delivered an unmistakable jolt to the continent’s brokerage industry.

Robinhood Markets is moving beyond its crypto-only footprint in Europe by introducing blockchain-based “stock tokens” that mirror ownership of private U.S. companies such as OpenAI and SpaceX.

The Indian stock market continues to show impressive strength, with Nifty 50 repeatedly hitting new highs and maintaining a sustainable upward trend.

Jio Financial Services share price jumped 3.87 percent on Friday with strong buying support for the stock at six month highs.

Tata Steel stock surged 2.56 percent on Thursday after sustained buying in the counter. Other steel companies also witnessed strong performance including SAIL and JSW Steel.

The Nifty share price represents the aggregated value of India’s flagship equity index, NIFTY 50, which tracks the performance of 50 leading companies listed on the National Stock Exchange (NSE).