Why did Robinhood launch its public blockchain?

Robinhood launched Robinhood Chain to expand its cryptocurrency and decentralised finance services. The company said the Arbitrum-based layer-2 blockchain is designed for real-world assets and supports products including tokenised stocks.

What are Robinhood's plans for cryptocurrency trading in the UK?

Robinhood said it plans to launch cryptocurrency trading in the UK, although it has not announced a specific launch date. The planned rollout forms part of the company's broader expansion of its digital asset platform.

How is Robinhood expanding its tokenised investment products?

Robinhood said tokenised stock products are now available through its wallet app in more than 120 countries. The company also launched Robinhood Earn, which allows users to lend USDG through a self-custody wallet at an estimated 7% annual percentage yield.

What does Robinhood's latest financial update show?

Robinhood reported that crypto transaction revenue fell to US$134 million from US$252 million a year earlier. The company also reduced its workforce by 10% ahead of reporting its 2026 second-quarter results on July 29.

How does Robinhood compare with other layer-2 blockchain networks?

Robinhood is entering a layer-2 market that includes Base, which secures about US$11 billion in total value. Base experienced two outages in June that were later attributed to a sequencer bug by its engineering team.

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Robinhood launches blockchain and expands UK crypto plans

Written by Jon CuthbertPublished Jul 1, 2026, 11:45 PM

Robinhood launched its public layer-2 blockchain and confirmed plans to introduce cryptocurrency trading in the UK.
The company also expanded its tokenised stock offering to more than 120 countries and launched a decentralised lending product.
Robinhood said the new services are part of its strategy to expand its crypto and decentralised finance ecosystem.

Robinhood launched its Robinhood Chain public mainnet and said it plans to introduce cryptocurrency trading in the UK, expanding its digital asset services.

The launch follows the network's testnet debut in February and comes after Robinhood reduced its workforce by 10% as part of a restructuring while reporting crypto transaction revenue fell to US$134 million from US$252 million a year earlier.

Robinhood Chief Executive Officer Vlad Tenev said in January, “Tokenised stocks are inevitable.”

Robinhood said its Arbitrum-based layer-2 blockchain is designed for real-world assets, while tokenised stock products are now available through its wallet app in more than 120 countries and Robinhood Earn allows users to lend USDG at an estimated annual percentage yield of 7%.

Robinhood shares rose about 8% following the announcement, and the company is scheduled to report its 2026 second-quarter financial results on July 29.

Robinhood is expanding into a competitive layer-2 blockchain market led by networks including Base, which has about US$11 billion in total value secured.

Base experienced two outages in June that its engineering team attributed to a sequencer bug, highlighting the operational challenges that remain for layer-2 blockchain networks.