Robinhood Chain, a blockchain network developed by Robinhood, launched its mainnet on July 1, 2026. The network, built with Ethereum technology, combines tokenized assets, decentralized finance (DeFi), and smart contracts to power crypto applications. According to Johann Kerbrat, SVP and general manager of crypto and international at Robinhood, the network aims to bring traditional finance and DeFi together, expanding financial ownership globally. Robinhood Chain gives developers a platform to build applications involving financial assets, including tokenized stocks, ETFs, and other real-world assets.
Network Architecture
As a layer-2 network, Robinhood Chain processes transactions separately before sending data back to Ethereum’s main network for settlement, reducing fees and increasing transaction capacity. The network uses ETH as its native gas token and is compatible with the Ethereum Virtual Machine (EVM). Developers can use existing Ethereum programming languages and tools to build applications on the network, which is built using the Arbitrum Dedicated Blockchains framework.
Stock Tokens
Robinhood Chain issues Stock Tokens, blockchain-based assets that provide exposure to real-world assets, including stocks and ETFs. However, these tokens do not provide legal ownership rights and are not available to U.S. users. The network works with decentralized exchanges, lending protocols, oracle services, and infrastructure providers, including Uniswap, Morpho, and Chainlink.
Initial Activity
Following its mainnet rollout, Robinhood Chain saw significant activity, with over 17 million transactions, 350,000 addresses, and $1 billion in decentralized exchange volume in its first week. The network’s total value locked (TVL) was estimated at $250 million, with stablecoin balances exceeding $260 million. The surge in activity was partly driven by the meme coin Cash Cat (CASHCAT), which saw a rapid increase in value as traders attempted to capitalize on the network’s launch hype.
Based on reporting from crypto.news.
