Robinhood Markets (HOOD) shares traded at an all-time high for a second straight session Tuesday following news the online trading platform launched what it called "a suite of new products that mark a major step forward for crypto."

The company said it was offering U.S. stock and exchange-traded fund (ETF) tokens, as well as perpetual futures, in the European Union (EU). In addition, Robinhood will provide crypto staking to U.S. customers, beginning with Ethereum and Solana. The firm is also adding a range of other tools "to make trading crypto on Robinhood even more powerful and seamless."

Johann Kerbrat, general manager and senior vice president of Robinhood Crypto, explained that the cryptocurrency econsystem was built by engineers for engineers, and hasn't been accessible to most people. Kerbrat said the company was now "onboarding the world to crypto by making it as easy to use as possible—with the goal of bringing powerful tools into one intuitive platform."

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