Robinhood has activated its public testnet for Robinhood Chain, a brand new Ethereum layer 2 community designed to assist onchain monetary infrastructure that connects conventional markets, crypto, and real-world property (RWAs).
The chain, powered by Arbitrum’s expertise, was first revealed final June as the corporate stepped up its digital asset enlargement amid a extra supportive regulatory local weather within the US.
Johann Kerbrat, who leads Robinhood’s international crypto technique, stated in an announcement that the testnet is supposed to put the groundwork for an ecosystem targeted on tokenized RWAs whereas supporting builders looking for deeper integration with DeFi inside Ethereum.
That stated, Robinhood Chain is optimized for tokenized equities, ETFs, and personal property, permitting them to be represented, traded, and self-custodied onchain. The community is positioned as an open, developer-friendly blockchain that permits anybody to deploy good contracts and construct functions.
Robinhood says this helps its purpose of creating monetary property accessible across the clock with out intermediaries or platform lock-in.
The testnet offers builders entry to community endpoints, documentation, and compatibility with customary Ethereum instruments. Infrastructure suppliers Alchemy, Allium, Chainlink, LayerZero, and TRM have already begun integrating with the chain forward of a mainnet launch scheduled for later this yr.
“We look forward to building alongside our infrastructure partners as we work to bring financial services onchain,” Kerbrat acknowledged.
Steven Goldfeder, co-founder and chief govt of Offchain Labs, stated the chain is constructed to ship (*2*)
Robinhood launched greater than 200 tokenized US equities for European prospects in late 2025, and the brand new blockchain will ultimately host these choices. The firm plans to allow 24/7 buying and selling and self-custody performance as soon as the mainnet goes stay.