Robinhood Chain Testnet Goes Live
A major step forward in the blockchain space as Robinhood has officially launched the public testnet of its Arbitrum-based Layer2 network, Robinhood Chain. Designed to operate on top of Ethereum, this new chain aims to deliver high performance and scalability, with a full launch expected later this year.
Bringing Crypto and Traditional Assets Together
The network will enable users to self-custody their digital assets through the Robinhood crypto wallet and facilitate 24/7 trading of tokenized stocks, ETFs, and other financial instruments. Additionally, it will allow seamless access to Ethereum-based DeFi applications, expanding user options in decentralized finance.
Leadership Affirms Commitment to Ethereum
In a recent interview, Robinhood’s Vice President Johann Kerbrat emphasized the company’s strategic focus on Ethereum's security, the liquidity available across EVM-compatible chains, and the robust support of the broader Ethereum ecosystem in shaping the future of digital finance.
- Built on Arbitrum
- 24/7 trading capabilities
- Integration with Ethereum DeFi