Why Robinhood Chose to Build on Ethereum’s Ecosystem
Instead of launching a standalone blockchain, Robinhood has strategically opted to build its Layer-2 network within Ethereum’s ecosystem. This decision reflects a prioritization of security, decentralization, and access to a mature infrastructure that can support rapid innovation.
Leveraging EVM for Faster Financial Innovation
By building on an EVM-compatible stack, Robinhood bypasses years of foundational development. It gains immediate access to established tools, wallets, and developer communities, allowing the team to focus on advancing tokenized equities rather than maintaining consensus mechanisms.
Tokenized Stock Portfolio Surpasses 2,000 Assets
The platform now supports over 2,000 tokenized stocks—more than a tenfold increase since launch. These assets are already live on a major Layer-2 network, ensuring deep liquidity and setting the stage for smooth migration to Robinhood’s upcoming chain.
- Avoids the need to bootstrap new liquidity from scratch
- Enables seamless asset transfer with minimal user friction
- Relies on battle-tested smart contracts with proven security
Private Testnet Nears Completion
The custom L2 is currently in a closed testing phase, with engineers fine-tuning performance, scalability, and cross-chain interoperability. Once public, it will offer high-speed, low-cost transactions while inheriting Ethereum’s robust security model.
This move signals a deeper integration between traditional finance and decentralized infrastructure, offering a blueprint for other financial institutions entering the Web3 space.