Robinhood Launches Robinhood Chain Testnet to Power Tokenized Assets on Arbitrum
- Robinhood launched Robinhood Chain testnet to expand tokenized finance on Ethereum Layer 2.
- Developers can build on Arbitrum and test Stock Tokens with Robinhood Wallet.
- Robinhood aims to grow tokenized stocks despite a 38 percent drop in crypto revenue
Robinhood has launched the public testnet for Robinhood Chain, its new blockchain network. The company announced the rollout on February 10. The network runs as an Ethereum Layer 2 built on Arbitrum technology. With this move, Robinhood deepens its commitment to on-chain financial services.
The launch marks a clear shift in strategy. Robinhood now moves beyond offering crypto trading. Instead, it builds its own blockchain infrastructure. This step positions the company closer to the core of decentralized finance. At the same time, it opens new paths for tokenized products.
Robinhood Moves Financial Services On-Chain
Robinhood Chain focuses on tokenized real-world assets and digital financial tools. The company wants to move more traditional services onto blockchain rails. Therefore, it introduced the testnet to allow early experimentation. Developers can now test applications and identify technical issues.
Moreover, Robinhood plans to launch the mainnet later this year. The testnet phase helps improve performance and network stability. It also gives developers time to prepare products before full deployment. As a result, the company builds a stronger foundation ahead of expansion.
Because the chain operates on Arbitrum, it supports standard Ethereum tools. Developers can build without learning a new programming system. In addition, the chain connects to Ethereum’s broader DeFi liquidity. This connection allows builders to integrate existing decentralized finance protocols.
Developer Access and Infrastructure Support
Robinhood has released full documentation to guide developers. Builders can start testing applications immediately. Over time, they will access special testnet-only assets. These include Stock Tokens for integration testing.
Developers can also test directly with Robinhood Wallet. This feature strengthens real-world usability during development. Meanwhile, several infrastructure firms support the network. These include Alchemy, Allium, Chainlink, LayerZero, and TRM.
Their involvement increases technical reliability during early testing. It also reflects broader industry interest in the project. Robinhood designed the chain with security and compliance in mind. The network supports asset bridging and self-custody from the start.
Furthermore, the company expects developers to build tokenized asset platforms. Lending protocols and perpetual futures exchanges may also emerge. The chain aims to support scalable financial applications. Consequently, Robinhood positions the network as a base for tokenized markets.
Tokenized Stocks and Broader Expansion
Robinhood has already entered the tokenized equities market. In June 2025, it launched tokenized stocks for European customers. Those tokens provide exposure to over 2,000 U.S.-listed equities. They operate with 24/5 trading on Arbitrum One. Moreover, Robinhood also acquired crypto exchange Bitstamp for $200 million.
Additionally, Robinhood plans to expand this offering. The company intends to introduce round-the-clock trading. It also aims to support near-real-time settlement. Self-custody features will form part of the expansion.
However, recent financial results show pressure in crypto revenue. Fourth-quarter crypto transaction revenue fell 38% year-over-year to $221 million. That figure marked a slowdown from the third quarter’s $268 million. Additionally, Robinhood also introduced micro futures for Bitcoin, Solana, and XRP allowing traders to enter markets with lower capital needs.
Through Robinhood Chain, the company strengthens its blockchain presence. It now controls both trading access and network infrastructure. As testing continues, Robinhood will focus on stability, developer growth, and tokenized financial services.
