Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Commodity Zero-Fee Gala
Key Takeaways Robinhood Chain processed four million transactions within its first public week. The network is an Ethereum Layer 2 […] The post Robinhood Chain Key Takeaways Robinhood Chain processed four million transactions within its first public week. The network is an Ethereum Layer 2 […] The post Robinhood Chain

Robinhood Chain Testnet Hits 4 Million Transactions in First Week

Author: Coindoo
Source: Coindoo
2026/02/19 20:55
3 min read
4
4$0,009258-2,85%
PUBLIC
PUBLIC$0,0146-0,74%
Solayer
LAYER$0,08717+1,17%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Key Takeaways
  • Robinhood Chain processed four million transactions within its first public week.
  • The network is an Ethereum Layer 2 built with Arbitrum Orbit and uses ETH as gas.
  • Developers can test tokenized versions of major U.S. stocks on the testnet.

The milestone signals strong early developer engagement as the company accelerates its push into tokenized finance.

The network, branded as Robinhood Chain, is positioned as institutional-grade infrastructure aimed at bringing real-world assets on-chain. The testnet opened to developers around February 10–11 after roughly six months of private testing.

Built as an Ethereum Layer 2

Robinhood Chain operates as an Ethereum Layer 2 network developed using Arbitrum Orbit technology. It leverages Ethereum for settlement security and data availability through blob transactions, while ETH serves as the native gas token.

The company describes the chain as “financial-grade” infrastructure, targeting tokenized stocks, ETFs, lending markets, and even perpetual futures trading. In its current test phase, developers can experiment with mock “Stock Tokens” representing major U.S. companies such as Tesla, Amazon, and Netflix.

Expanding the Tokenized Asset Strategy

Robinhood has already tokenized nearly 2,000 U.S. equities for European customers using Arbitrum infrastructure. Over time, the company plans to migrate these tokenized assets onto its proprietary chain, consolidating activity within its own ecosystem.

READ MORE:

Bitcoin vs Gold 2025-2026 Outlook: Can BTC Reclaim Dominance After Gold’s Historic Rally?

Several major infrastructure providers are already integrated into the testnet environment, including Alchemy for development tools, LayerZero for cross-chain messaging, Chainlink as the primary oracle provider, and TRM Labs for compliance and risk monitoring.

Competitive Pressure in Exchange-Led Chains

The move places Robinhood in direct competition with other exchange-backed blockchain initiatives, most notably Coinbase and its Base network. As traditional trading platforms race to tokenize equities and financial products, proprietary Layer 2 networks are emerging as the new battleground for user ownership, fee capture, and liquidity.

Robinhood’s mainnet launch is expected later in 2026. If early testnet traction continues, the company could position itself as a major bridge between traditional brokerage services and on-chain capital markets.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Robinhood Chain Testnet Hits 4 Million Transactions in First Week appeared first on Coindoo.

Market Opportunity
4 Logo
4 Price(4)
$0,009258
$0,009258$0,009258
-5,42%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Share
Coinstats2025/09/18 06:14
South Korea Halts Trading as Global Markets Plunge

South Korea Halts Trading as Global Markets Plunge

The post South Korea Halts Trading as Global Markets Plunge appeared on BitcoinEthereumNews.com. The Korean Stock Exchange was forced to halt trading after the
Share
BitcoinEthereumNews2026/03/05 07:04