Brokerage and crypto exchange Robinhood opened the public mainnet for its Arbitrum-powered Ethereum layer-2 network on Wednesday.
- Robinhood has launched its Arbitrum-powered Ethereum Layer-2 network, Robinhood Chain, aiming to integrate traditional finance with DeFi.
- The network supports 'Stock Tokens' (tokenized shares of companies like Nvidia and Apple), allowing them to be used as collateral in DeFi and in lending pools.
- Robinhood Chain is described as 'AI-native' and supports trading by AI agents, with plans for geographic expansion and integration with services like Robinhood Wallet and Earn.
Topics: Asset types, Blockchain usage, Integration with defi, Equity, Layer 2 scaling, Rwa collateral lending
Tags: #robinhood #arbitrum #ethereum #layer2 #tokenizedstocks #defi #ainative #robinhoodchain #stocktokens #uniswap
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