Robinhood has launched its new blockchain platform, Robinhood Chain, marking what it calls 'our most ambitious global expansion and product vision to date.'
The company aims to bridge traditional finance and decentralized finance (DeFi) with the launch of the Public Mainnet, built using the Arbitrum Platform.
Robinhood Chain connects to the company's on-chain users and has partnered with Uniswap and Pleiades, as well as integrations from Alchemy, BitGo, and Chainlink.
The chain supports real-world assets and DeFi functions like lending and borrowing.
Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, said the company is combining traditional finance and DeFi.