Robinhood’s Ethereum Layer 2 blockchain has crossed $50 million in total value locked within days of going live, a milestone that suggests the retail brokerage giant’s bet on tokenized real-world assets is resonating faster than most L2 launches manage.

Robinhood Chain launched its public mainnet on July 1, built on Arbitrum’s technology stack. The TVL climbed from roughly $38.79 million shortly after launch to over $50 million, fueled by a combination of tokenized stock liquidity and DeFi protocol activity that hit the ground running from day one.

What Robinhood Chain actually does

The chain enables 24/7 trading of tokenized stocks, including equities like Nvidia, Google, and Apple, across more than 120 countries. Traditional Robinhood only serves US customers. The on-chain version doesn’t have that limitation.

Block times clock in at 100 milliseconds. The chain also supports AI-native features for what Robinhood describes as agentic trading, essentially letting AI agents execute strategies on-chain autonomously.