Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood has launched a layer-2 blockchain called Robinhood Chain, built on Arbitrum, to facilitate tokenized real-world assets and decentralized finance. The company also introduced AI-powered trading tools and expanded its international crypto services into Canada and Europe.
Why it matters
This move signals a significant integration of traditional brokerage services with decentralized finance, potentially increasing retail access to complex crypto-based financial products.
Announced during a Wednesday event in London, Robinhood Chain is a layer-2 blockchain built on Arbitrum (ARB) and designed for tokenized real-world assets and decentralized finance applications. The launch comes about four months after Robinhood began testing the network on testnet .
The report provides a factual account of product launches and corporate strategy without taking a stance on the efficacy or risks of the technology.
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