Robinhood Chain Mainnet Launched, Simultaneously Introducing Tokenized Stocks, Perpetual Contracts, and AI Agent Trading

Odaily Planet Daily News: Robinhood has announced the official launch of its own Layer 2 network, Robinhood Chain, on the public mainnet. The chain is built on the Arbitrum technology stack, positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).

Robinhood Chain's launch day partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.

Eligible users will be able to trade tokenized stocks 24/7 on Robinhood Chain. Concurrently, Robinhood Earn will introduce USDG-based decentralized lending products within the main app, and the new Robinhood Wallet will support access to Lighter's perpetual contract trading in select jurisdictions.

Robinhood has also announced an expansion of its European perpetual contract product range, officially entering the Canadian market and obtaining a Singapore Capital Markets Services license. Additionally, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.

Robinhood stated that this update represents its most ambitious global expansion and product vision yet, aiming to establish a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)