Robinhood Launches Public Mainnet for Robinhood Chain
Robinhood Chain debuts with tokenized stock trading and a 7% USDG lending product as the company expands deeper into crypto and decentralized finance.
- On Wednesday, Robinhood Markets announced global expansion plans including crypto trading launches, broadened perpetual futures in Europe, and a return to Canada following its acquisition of WonderFi.
- Marking a significant infrastructure step, the company launched its public mainnet, Robinhood Chain, at a London event titled "The World Is Flat." The blockchain comes amid expansion into decentralized finance services.
- The brokerage introduced Robinhood Earn, a self-custody lending product for USDG offering an estimated 7% APY, and rolled out Agentic Accounts for crypto allowing eligible users to connect AI models to trading infrastructure.
- Shares in Robinhood rose about 8% on Wednesday as the platform pushes further into the "everything exchange" race, competing to host trading, lending, and tokenized assets under one roof.
- Serving more than 28 million customers across 38 countries, the brokerage is diversifying financial services to reduce reliance on trading activity, following recent workforce cuts of 10%.
29 Articles
29 Articles
Robinhood Launches Public Mainnet for Robinhood Chain
Robinhood announced the public mainnet of Robinhood Chain on Wednesday at a London event called “The World Is Flat,” marking one of the brokerage’s biggest steps yet into onchain financial infrastructure. Robinhood Chain features day-one integrations from Uniswap, which is deploying a dedicated automated market maker, along with BitGo, Chainlink, and Pleiades, Robinhood said. The company also announced that its Stock Tokens tokenized stock tradi…
Robinhood debuts Layer 2 mainnet for tokenized stock trading
Robinhood has launched its Ethereum Layer 2 mainnet alongside tokenized stock trading and perpetual futures, expanding its blockchain based financial services beyond the testnet stage. According to an announcement during the company’s “The World is Flat” event in London, Robinhood…
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