Robinhood’s freshly launched blockchain network has already attracted roughly 49,200 to 50,000 daily active users, a notable early milestone for a platform that went live on its public mainnet around July 1.
The Robinhood Chain is an Ethereum Layer-2 built on Arbitrum’s technology stack, designed to bring 24/7 tokenized stock trading, DeFi products, and AI agent integration to a single platform. It serves nearly 28 million customers globally and supports trading in over 120 countries.
What Robinhood actually built
The core product is tokenized stocks, meaning representations of equities like NVDA, GOOG, and AAPL issued as ERC-20 tokens by Robinhood Assets (Jersey) Limited. These tokens trade around the clock, not just during market hours.
The network uses ETH as its gas token. There is no native governance or utility token for the chain itself.
