The market liked it with HOOD shares jumping 8% and their crypto perp dex partner up even more. Plus crypto's latest unicorn is crowned.

Robinhood Chain, a Layer 2 built using Arbitrum's tech stack, went live on public mainnet, with partners including Uniswap from day one.

Robinhood's product push continues to blur the line between crypto and more traditional finance.

Robinhood Markets shares are trading higher Wednesday. The company launched public mainnet for Robinhood Chain and is hosting a London event.

The market liked it with HOOD shares jumping 8% and their crypto perp dex partner up even more. Plus crypto's latest unicorn is crowned.