Key Insights:
- Robinhood Chain testnet is live, allowing developers to build financial apps using Ethereum tools.
- Chain supports tokenized assets and Stock Tokens, with Robinhood Wallet integration for early testing.
- $1M pledged for 2026 Arbitrum Open House to support global developer events and mainnet growth.
Robinhood has launched the testnet for its new blockchain, Robinhood Chain, built on Arbitrum and compatible with Ethereum. The chain is designed to support tokenized real-world and digital assets, with a focus on financial services.
Developers can now test and build applications in a live environment. The network allows them to explore early versions of the tools and features that will be available when the mainnet goes live later this year.
Tools, Support, and Developer Access
Robinhood Chain works with standard Ethereum tools. Infrastructure providers such as Alchemy, Chainlink, LayerZero, Allium, and TRM are already supporting the chain. This gives developers a familiar setup to start building quickly.
The testnet includes support for features like Stock Tokens for testing, as well as integration with the Robinhood Wallet. These tools give developers what they need to simulate real-world use cases during the testnet phase.
Built for Financial Applications
Robinhood Chain is built to support financial products on the blockchain. This includes tokenized assets, lending platforms, and trading tools. The chain is built with scalability and reliability in mind, aiming to meet the needs of both developers and institutions.
“The testnet for Robinhood Chain lays the groundwork for an ecosystem that will define the future of tokenized real-world assets,” said Johann Kerbrat, GM of Crypto and International at Robinhood. He added that the chain will help connect builders to DeFi tools within the Ethereum system.
Developer Programs and Global Events
To support early growth, Robinhood is putting $1 million USD into the 2026 Arbitrum Open House program. The company will also host four online buildathons and two in-person events in New York City and London.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Source: https://coincu.com/news/robinhood-launches-ethereum-l2-chain/
