- Robinhood has launched its own Layer-2 Ethereum blockchain, the Robinhood Chain, enabling 24/7 trading of tokenized U.S. stocks for its 28 million users.
- Built on Arbitrum technology, the chain will direct 10% of its net protocol fees to the Arbitrum ecosystem, creating a significant bridge between on-chain activity and Arbitrum's value.
- The platform is designed to be 'AI-native,' facilitating transactions for autonomous software agents and potentially positioning Robinhood as a major competitor in the crypto space.
Topics: Asset types, Blockchain usage, Institutional adoption, Financial instruments, Layer 2 scaling, Asset manager initiatives
Tags: #robinhoodchain #tokenizedshares #arbitrum #ethereum #aiagents #layer2network #retailinvestors #blockchain #cryptowallet #tradingplatform
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