Robinhood just quietly became a blockchain company. The trading platform launched its public mainnet on July 1, 2026, and within weeks, users had deposited roughly $11.8 million worth of tokenized stock into decentralized finance protocols on the new network.

The leading assets by deposit volume are NVDA, SPY, and SpaceX tokens, a lineup that reads less like a crypto portfolio and more like a boomer’s brokerage account, which is precisely the point.

What Robinhood Chain actually is

Robinhood Chain is an Ethereum Layer 2 built on Arbitrum’s Orbit technology, meaning it inherits Ethereum’s security while processing transactions faster and cheaper.

The flagship product is Stock Tokens, ERC-20 tokens that give holders 24/7 on-chain economic exposure to equities and ETFs. These are structured as debt securities, not direct equity stakes, which is an important legal distinction that also explains why they are off-limits to US persons entirely.