Robinhood Launches Public Mainnet for Its Layer-2 Blockchain

Robinhood has launched the public mainnet of Robinhood Chain, extending its crypto business into tokenized assets and decentralized finance. Its Stock Tokens are now available through Robinhood Wallet in more than 120 countries, subject to local availability.

Robinhood Launches Public Mainnet for Its Layer-2 Blockchain

What happened?

Robinhood has launched the public mainnet of Robinhood Chain, extending its crypto business into tokenized assets and decentralized finance. Its Stock Tokens are now available through Robinhood Wallet in more than 120 countries, subject to local availability.

Why it matters

The launch moves Robinhood beyond providing brokerage and crypto-trading services into operating onchain financial infrastructure. It also reflects the growing overlap between traditional markets and blockchain-based products.

Robinhood has launched the public mainnet of Robinhood Chain, a layer-2 blockchain built on Arbitrum for tokenized real-world assets and decentralized finance applications. The rollout follows roughly four months of public testnet activity.

The launch moves Robinhood beyond providing brokerage and crypto-trading services into operating onchain financial infrastructure. It also reflects the growing overlap between traditional markets and blockchain-based products.

Robinhood’s Stock Tokens are now live through its self-custody wallet in more than 120 countries, although access varies by jurisdiction. The company aims to support round-the-clock trading of tokenized equities and their use in DeFi applications, including lending and collateral.

The company also introduced Robinhood Earn, a decentralized lending product for lending its dollar-backed USDG stablecoin through Robinhood Wallet. Robinhood said the product offers an estimated annual percentage yield of 7%.

Alongside the blockchain launch, Robinhood announced plans to bring crypto trading to the U.K. and expand European perpetual futures beyond crypto into commodities, ETFs and foreign exchange. It also unveiled Agentic Accounts, a tool designed to let eligible U.S. users connect AI models to Robinhood’s trading infrastructure while controlling capital allocation and trading parameters.

Source: CoinDesk

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