Robinhood just shipped its own blockchain. The company launched the public mainnet of Robinhood Chain on July 1, an Ethereum Layer 2 network built on the Arbitrum tech stack that enables round-the-clock trading of tokenized US stocks and ETFs.

Wall Street noticed. Robinhood’s stock climbed 8.1% on the news, as investors priced in the possibility that the retail brokerage might actually pull off its transformation into a full-stack crypto infrastructure company.

What Robinhood Chain actually does

The network supports what Robinhood calls “Stock Tokens,” which are tokenized versions of US equities and ETFs that trade 24/7 with zero commissions and dividend support.

This isn’t entirely new territory for the company. Stock Tokens were initially introduced on Arbitrum One back in June 2025. The mainnet launch moves them onto Robinhood’s own dedicated chain, giving the company more control over the infrastructure and user experience.