Robinhood Goes On-Chain: Brokerage Launches Its Own Ethereum Layer-2 Network

Robinhood has launched the public mainnet of Robinhood Chain, an Ethereum layer-2 network built on Arbitrum, marking its latest expansion into decentralised finance while seeking to connect blockchain-based services with traditional financial markets.

The permissionless network has been described as AI-native and launches with integrations including BitGo, Chainlink and Alchemy, alongside partnerships with Uniswap and Pleiades to provide automated market making and liquidity services. It also includes built-in decentralised finance functions such as lending and borrowing, while supporting trading by AI agents.

Robinhood said the network is intended to reduce the technical barriers historically associated with decentralised finance by combining traditional financial services with DeFi infrastructure.

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Tokenised Assets Move On-Chain 

The launch also brings Robinhood’s new Stock Tokens to the public mainnet, allowing eligible users in more than 120 countries to trade tokenised assets around the clock through Robinhood Wallet. Those assets can also be used within decentralised finance applications, including lending pools and as trading collateral, although they are unavailable in the US.

Alongside the blockchain launch, Robinhood introduced Robinhood Earn, enabling eligible US users to lend its USDG stablecoin through a self-custody wallet for an estimated annual yield of 7%. The company also expanded perpetual futures trading through Robinhood Wallet using Lighter and outlined broader international growth, including availability in Canada, plans to launch crypto trading in the UK, and future brokerage services in Singapore.
Related: Robinhood Bets on AI Traders With New Agentic Investing Push

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