Robinhood is opening the testnet for its Arbitrum-based Ethereum Layer 2. In this episode, we sit down with the fintech’s head of crypto, Johann Kerbrat, to discuss the strategic move to build on Ethereum. He believes institutions can get the privacy and compliance guarantees they need on public chains like Ethereum, so building on private chains doesn’t make sense as they are just a “fancy database.”
Source: https://thedefiant.io/podcasts-and-videos/podcast/robinhood-s-crypto-head-johann-kerbrat-on-why-public-blockchains-will-win
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