Robinhood Launches Ethereum Layer 2 with Arbitrum
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- The main goal behind the launch is to enable 24/7 trading, self-custody, cross-chain interoperability, and seamless settlement without relying on third-party brokers
- Two days ago, Robinhood said it launched tokens that would allow over 200 US equities and ETFs to be tokenized and tradable commission-free for European customers via Arbitrum, and live 24 hours a day, five days a week
- Robinhood shares surged by approximately 12% to 13%, hitting record highs
Robinhood CEO Vlad Tenev announced that the company is building its own proprietary Ethereum Layer‑2 built on Arbitrum, which is designed specifically for tokenized real-world assets (RWAs). The new “Robinhood Chain” will power the company’s ambitious push into tokenized stocks, ETFs, and even private company shares.
The main goal behind the launch is to enable 24/7 trading, self-custody, cross-chain interoperability, and seamless settlement without relying on third-party brokers.
Building on Arbitrum positions Robinhood within Ethereum’s ecosystem as the company aims to avoid liquidity fragmentation versus competing token standards on Solana.
Others, like Kraken and Bybit, offer stock tokenization …
The post Robinhood Launches Ethereum Layer 2 with Arbitrum appeared first on Coin Edition.
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