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Robinhood Launches Public Testnet for Arbitrum-Based Layer-2 Focused on Tokenized Assets

The rollout opens the company’s EVM-compatible network to builders as a foundation for tokenized equities plugged into DeFi ahead of a planned mainnet later this year.

Overview

  • Developers can now access endpoints, documentation, and standard Ethereum tooling on Robinhood Chain’s testnet to begin building financial applications.
  • Robinhood says the network is designed for 24/7 trading, asset bridging, and self-custody through Robinhood Wallet and integrations in the main app.
  • Infrastructure partners including Alchemy, Allium, LayerZero, and TRM are integrating, and Chainlink is confirmed as the oracle provider.
  • The roadmap adds test-only stock tokens and deeper wallet testing on the testnet, with a mainnet launch planned for later in 2026.
  • Robinhood previously issued nearly 2,000 tokenized U.S. stocks and ETFs on Arbitrum with roughly $15 million in value, and the new chain targets a specialized, compliance-aware environment competing with exchange-led L2s like Coinbase’s Base and Kraken’s efforts.