Robinhood launched its own blockchain on July 1, 2026, with a serious pitch: tokenized stocks, real-world assets, and 24/7 trading rails for the next generation of finance. The market responded by immediately trading memecoins on it.
The platform, called Robinhood Chain, is built on Arbitrum Orbit and runs on Ethereum’s layer-2 infrastructure. It connects to Chainlink oracles for price data and cross-platform interoperability.
What actually happened at launch
Within days of going live, Robinhood Chain reported a total value locked ranging between $135 million and $312 million. Daily transactions peaked at over 3.6 million, and at one point the chain outpaced Base, processing 10.4 million daily transactions versus Base’s 6.4 million.
The stablecoin USDG, also called Global Dollar, launched alongside the chain and reached a valuation of around $200 million at the outset.
