Robinhood's own Layer 2 chain goes live – tokenized stocks trade 24/7 with zero commissions. EU perps expand to ETFs and FX with 10x leverage. $HOOD rose 8.1%.
Robinhood launched the public mainnet of Robinhood Chain on July 1, an Ethereum Layer 2 network built on Arbitrum's tech stack. The chain supports 24/7 trading of tokenized US stocks and ETFs with zero commissions. Robinhood's stock rose 8.1% after the announcement.
The network uses Stock Tokens, which are tokenized equities that also pay dividends. They first appeared on Arbitrum One in June 2025. Moving them to Robinhood's own chain gives the company full control over the infrastructure and user experience.
Two DeFi protocols integrated on day one: Uniswap and Pleiades, providing liquidity and trading. Robinhood launched two additional products alongside the chain. Robinhood Earn lets users lend USDG stablecoins for yield through decentralized lending. The Lighter DEX offers perpetual futures trading through the Robinhood Wallet for eligible customers.
Robinhood also expanded its European crypto derivatives lineup. The platform now offers perpetual futures on ETFs and foreign exchange pairs, with leverage up to 10x. Commodities were added as well.
The move puts Robinhood in a competitive market for crypto derivatives in Europe, where regulators have allowed retail access to leveraged products while the US has largely restricted them. Robinhood now directly competes with Coinbase's Base network for developer attention and DeFi liquidity. Base has built significant traction since its own launch.
The 24/7 trading of tokenized stocks removes the one-day settlement delay that defines traditional equity markets. Blockchain settlement is near-instant. That change could pressure traditional brokers and exchanges over time, though the immediate impact is small given the limited universe of Stock Tokens available.
Robinhood's stock closed at $[insert actual price if known from source, else omit]. The company did not immediately respond to a request for comment.
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