Robinhood's Blockchain Live For Testing As It Eyes 24/7 Trading With Tokenized Assets

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

Robinhood’s (NASDAQ:HOOD) projected blockchain for trading of tokenized assets and cryptocurrencies is unrecorded connected testnet.

Robinhood successful a Tuesday connection said its infrastructure partners for the blockchain see Web3 improvement level Alchemy, blockchain oracle supplier Chainlink, interoperability protocol LayerZero and blockchain quality institution TRM Labs.

"The testnet for Robinhood Chain lays the groundwork for an ecosystem that volition specify the aboriginal of tokenized real-world assets and alteration builders to pat into DeFi liquidity wrong the Ethereum ecosystem," Robinhood Crypto General Manager Johann Kerbrat said successful the statement.

Don't Miss:

• Security and regularisation substance successful crypto — research Kraken Pro's compliance-first trading platform.

• Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In astatine $0.85/Share

With the motorboat of the testnet, developers volition beryllium capable to effort retired Robinhood Chain’s capabilities with enactment from the infrastructure partners, Robinhood said. This would assistance definite up the web up of its upcoming mainnet launch, the institution said.

Beyond accepted plus trading, Robinhood said the blockchain is customized for fiscal applications specified arsenic lending and perpetual exchanges.

Robinhood besides said it is committing $1 cardinal to Arbitrum’s developer event, the 2026 Arbitrum Open House, to promote enactment connected the network.

Arbitrum is an Ethereum Layer 2 concatenation and it is the exertion stack Robinhood Chain is built on.

"With Arbitrum's developer-friendly technology, Robinhood Chain is well-positioned to assistance the manufacture present the adjacent section of tokenization and permissionless fiscal services," Steven Goldfeder, chief enforcement of Arbitrum developer Offchain Labs said successful Robinhood’s statement.

Trending: This concern steadfast leverages adept insights and a 2.40x nett equity aggregate to assistance accredited investors capitalize connected 2026 multifamily marketplace trends—read the afloat forecast now.

Trade cryptocurrency and stocks connected Kraken Pro, an precocious trading level offered by Kraken, 1 of the world's astir established cryptocurrency exchanges. The level offers precocious bid benignant and heavy liquidity to assistance users execute analyzable strategies with precision. Kraken Pro is escaped to entree with a Kraken account.

Robinhood initially announced plans to motorboat Robinhood Chain past June alongside U.S. banal and ETF token offerings for EU customers issued connected Arbitrum.