Robinhood Launches Blockchain Designed for Real-World Assets

Robinhood Markets has launched the public mainnet of Robinhood Chain, a Layer 2 blockchain that the company said is purpose-built for real-world assets.

Robinhood Chain is built using the Arbitrum Platform to institutional standards, is natively connected to Robinhood’s onchain users, and has deep integrations with Alchemy, BitGo and Chainlink, the company said in a Wednesday (July 1) press release.

“AI-native and purpose-built for real-world assets, Robinhood Chain creates a permissionless environment for builders to innovate seamlessly,” Robinhood said in the release.

The blockchain is one of several new decentralized finance and agentic products Robinhood announced Wednesday during its event, “Robinhood Presents: The World is Flat.”

The products include new Stock Tokens that are available on the Robinhood Wallet in 120 countries and enable 24/7 trading directly on the Robinhood Chain; the rollout of Robinhood Earn to eligible U.S. users, enabling them to lend USDG; and an integration that lets users access perpetual futures on decentralized exchange Lighter within Robinhood Wallet.

Other additions include an expansion of perpetual futures available in the European Union; maker order types for eligible crypto traders; and agentic accounts for crypto trading in the U.S., per the release.

Robinhood also said its platform is now officially available in Canada, Robinhood Singapore received its capital markets services license in Singapore, and Robinhood plans to launch crypto in the United Kingdom soon.

“Decentralized finance unlocks possibilities beyond what traditional finance can offer, but historically, it has required technical expertise to navigate,” Johann Kerbrat, senior vice president and general manager of crypto and international at Robinhood, said in the release. “We’re bringing the best of traditional finance and DeFi together, and in doing so, expanding financial ownership to every corner of the globe.”

PYMNTS reported in April that Robinhood’s first quarter results reflected the company’s deliberate pivot from a trading app tied to retail speculation toward an integrated financial platform that is built to capture long-term customer value and combines brokerage, banking, advisory and social engagement.

Robinhood Chairman and CEO Vlad Tenev said during the company’s first quarter earnings call: “Driven by our relentless product velocity and innovation, Robinhood is increasingly positioned at the center of our customers’ financial lives, just as we enter the early innings of the Great Wealth Transfer.”