Robinhood just turned on its own blockchain

Robinhood Chain Goes Live on Mainnet

@RobinhoodCrypto has officially flipped the switch on its own blockchain. Robinhood Chain launched its public mainnet on July 1, 2026, roughly four months after the network first opened to developers on testnet in February. The chain is a Layer 2 built on Arbitrum and purpose-built for tokenized real-world assets and decentralized finance applications.

With the mainnet now live, @RobinhoodApp's tokenized Stock Tokens are fully operational. Users in more than 120 countries can trade them around the clock through Robinhood Wallet, and the assets can also be deployed as collateral or into lending pools across the broader DeFi ecosystem. According to Robinhood's own disclosures, Stock Tokens are tokenized debt securities that provide economic exposure to underlying equities but do not grant legal or beneficial ownership rights in the underlying shares. They are not available to U.S. persons or users in several other restricted jurisdictions.

Day-one partners on the chain include Uniswap, which is deploying a dedicated automated market maker as a primary public liquidity protocol, alongside integrations with Alchemy, BitGo, and Chainlink. Robinhood described the chain as permissionless, AI-native, and built to institutional standards.

Robinhood Earn and the Broader Expansion

Alongside the chain launch, @RobinhoodApp also introduced Robinhood Earn. The product lets eligible U.S. users lend $USDG, a dollar-pegged stablecoin, at an estimated 7% annual yield. The lending infrastructure is powered by Morpho, with Steakhouse Financial curating the vault and Robinhood Chain serving as the settlement layer. Robinhood noted that losses from smart contract or cyber exploits are covered by insurance procured through Lloyd's of London and RELM.

The rest of Wednesday's announcements run parallel to the chain rather than on top of it. Robinhood said it is widening perpetual futures coverage in Europe to include commodities, ETFs, and foreign exchange markets. The company also confirmed a crypto trading launch in the UK, went live in Canada, and is preparing to roll out AI-powered Agentic Accounts for crypto to eligible U.S. traders. These are global business expansion moves, not products built on Robinhood Chain itself.

$HOOD rose close to 8% on the day of the announcement, though the stock remains roughly 30% below its October 2025 high.

Sources:
CoinDesk: Robinhood rolls out public blockchain as it expands deeper into crypto
The Block: Robinhood Chain goes live on mainnet alongside 24/7 tokenized stocks
Business Wire: Robinhood Chooses Morpho to Power New Earn Product