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Robinhood Markets Launches Public Blockchain 'Robinhood Chain' on Arbitrum
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Robinhood Markets (NASDAQ: HOOD) has launched a public mainnet for 'Robinhood Chain,' a Layer-2 blockchain built on Arbitrum (ARB) designed for tokenized real-world assets and DeFi applications. The move expands the brokerage's cryptocurrency offerings amid ongoing digital asset volatility. Tokenized stock products are now live through Robinhood Wallet in over 120 countries, enabling 24/7 trading and DeFi integration. Additionally, Robinhood introduced 'Robinhood Earn,' a decentralized lending product offering 7% annual yield on its dollar-backed stablecoin via self-custody wallet. HOOD stock has declined 6% year-to-date to $108.65, while Bitcoin trades at $61,400, up 2% in 24 hours. Robinhood states it is responding to customer demand for deeper crypto capabilities.
Source report
CryptoProwl Thu, July 2, 2026 at 6:50 AM PDT 1 min read
- HOOD
- ARB11841-USD
Robinhood Markets (NASDAQ: $HOOD) has launched a new public blockchain as it expands its cryptocurrency offerings.
The online brokerage has unveiled a public mainnet for "Robinhood Chain," marking a further push into decentralized finance (DeFi).
Robinhood Chain is a Layer-2 blockchain built on Arbitrum (CRYPTO: $ARB) and designed for tokenized real-world assets and decentralized finance applications.
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With the launch of the public mainnet, Robinhood's tokenized stock products are now live. Stock tokens are available through Robinhood Wallet in more than 120 countries.
The company said the goal is to allow its customers to trade tokenized stocks around the clock and use them across decentralized finance applications.
Robinhood has also introduced "Robinhood Earn," a decentralized lending product that allows users to lend the company's dollar-backed stablecoin via a self-custody wallet. The stablecoin offers an annual yield of 7%.
Robinhood is continuing to push further into crypto despite ongoing volatility among digital assets. The company has said it is responding to customer demands.
HOOD stock has declined 6% this year to trade at $108.65 U.S. per share.
Bitcoin (CRYPTO: $BTC) is currently trading at $61,400 U.S., having risen 2% in the past 24 hours.
Source
Yahoo FinanceNeutral / independent
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Robinhood Launches Layer-2 Blockchain, Sees $3.1B in Early DEX Volume