Robinhood has officially launched the public mainnet for Robinhood Chain, marking the company's biggest step yet into on-chain financial infrastructure. This new blockchain, built on Arbitrum, is designed for tokenized real-world assets and decentralized finance applications:
Robinhood Chain allows users to trade tokenized stocks in over 120 countries, while Robinhood Earn, the company's new decentralized lending product, offers a 7% annual yield on USDG:
Robinhood also announced that it is expanding its services in Europe to include perpetual futures trading, commodities, ETFs, and foreign exchange markets:
“Decentralized finance unlocks possibilities beyond what traditional finance can offer,” said Johann Kerbrat, Robinhood's senior vice president of crypto and international:
