Robinhood Launches Public Blockchain Robinhood Chain for Tokenized Trading

On July 1, 2026, Robinhood launched the public mainnet of its Layer 2 blockchain, Robinhood Chain. This development allows for tokenized stock trading in more than 120 countries, alongside the introduction of Robinhood Earn, a decentralized lending product that offers an estimated 7% yield on USDG, the company's stablecoin.

Robinhood Chain is built on the Arbitrum blockchain and is tailored for tokenized real-world assets and decentralized finance (DeFi) applications. This launch follows approximately four months of testing Robinhood Chain on its testnet. The new platform enables users to trade these tokenized stocks around the clock and utilize them within various DeFi applications, such as lending protocols and as collateral for trading.

Johann Kerbrat, Robinhood's senior vice president of crypto, emphasized the potential of decentralized finance, stating, "Decentralized finance unlocks possibilities beyond what traditional finance can offer, but historically, it has required technical expertise to navigate." This illustrates Robinhood's intent to make such services more accessible.

In addition to the launch of Robinhood Chain and Robinhood Earn, the company is taking significant steps to expand its offerings globally. It plans to increase the scope of perpetual futures trading in Europe to include commodities, exchange-traded funds (ETFs), foreign exchange markets, and cryptocurrencies. Furthermore, Robinhood has announced plans to introduce crypto trading services in the United Kingdom and confirmed its services are also now available in Canada, following its acquisition of WonderFi.

Another notable product announcement is the Agentic Accounts feature, an AI-powered trading tool aimed at eligible U.S. users. This tool will enable users to connect their AI models to Robinhood's trading infrastructure while maintaining control over capital allocation and trading parameters. This expansion shows Robinhood's ambition to become a comprehensive trading platform in the evolving landscape of finance.

The launch arrives amidst a complex backdrop for Robinhood, which recently announced a 10% reduction in its workforce, approximately 290 employees, to streamline operations. Despite this, Robinhood's stock price saw an increase of 5% on the day of the launch, reflecting investor interest in the company’s new direction.

As Robinhood continues to integrate traditional finance with blockchain technology, it remains to be seen how effectively it can attract users to its new offerings and keep pace with competitors in the rapidly evolving digital finance space.