Robinhood Launches Blockchain Testing Amid Crypto Expansion

Robinhood Chain, an Ethereum-based project, seeks to enhance trading and integrate tokenized stocks with decentralized finance.

Robinhood has initiated the testing phase of its proprietary blockchain, known as the Robinhood Chain. This innovative platform is built on Arbitrum, a layer 2 solution derived from Ethereum, and is designed to facilitate continuous trading operations.

The primary goal of the Robinhood Chain is to seamlessly integrate tokenized stocks into the decentralized finance (DeFi) ecosystem. By doing so, the platform aims to become a critical infrastructure component for 24/7 trading activities.