Robinhood shares rose nearly 4% after the company launched Robinhood Chain, tokenized stocks, and DeFi lending products at its London event on July 1.

Robinhood Chain hit 50K daily active users shortly after its Ethereum L2 mainnet launch, offering 24/7 tokenized stock trading across 120 countries.

Robinhood Chain launched its public mainnet on July 1, 2026, with over 13,900 smart contracts deployed in its first week and stock tokenization live on day