Robinhood Launches Layer 2 Network for Tokenized Stocks and Perpetual Contracts

Robinhood has launched its Layer 2 network, Robinhood Chain, on July 2. The chain is built on Arbitrum technology and designed for real-world assets (RWA). Initial partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink.

The first day of the mainnet launch saw Uniswap deploying a dedicated AMM and Pleiades establishing its own proprietary trading venue. Users can now trade tokenized stocks 24/7 on Robinhood Chain.

Robinhood Earn will offer a USDG-based decentralized lending product within the app, while the new Robinhood Wallet will support access to Lighter's perpetual contract trading in certain jurisdictions. The company has also expanded its European perpetual contract product range and entered the Canadian market with a capital markets services license in Singapore.

Additionally, Agentic Accounts for crypto trading are set to launch soon in the U.S., allowing AI agents to participate in trading and fund management. Robinhood stated that this update represents its most ambitious global expansion and product vision to date.