Robinhood Launches 'AI-Native' Ethereum Layer-2 Network, Tokenized Stock Trading
Robinhood launched the public mainnet of Robinhood Chain, an Arbitrum-powered Ethereum layer-2 network designed to connect traditional finance with crypto and DeFi. The network is described as “AI-native” and supports AI-agent trading, while integrating with BitGo, Chainlink, Uniswap, and Pleiades to expand automated market making and prop-trading functionality. Robinhood also said the chain will support tokenized stock products, or Stock Tokens, enabling eligible users outside the U.S. to use them in lending pools and as DeFi collateral. The company further expanded Robinhood Wallet with in-wallet perpetuals trading and Robinhood Earn, which offers lending on USDG stablecoins at around 7% APY. Shares of Robinhood jumped more than 8% on the day and are up nearly 20% over the past month, although still well below their 52-week high.