On Tuesday evening, Robinhood revealed that a developer-oriented version of its proprietary blockchain, called Robinhood Chain, has been launched. The announcement, made at the Consensus conference in Hong Kong, coincides with the firm’s intensified efforts to expand its crypto-based financial offerings, such as tokenized popular equities.
Robinhood Chain is presently operating in a testnet phase. This indicates the network is publicly viewable but access is confined to a select group of partners and participants who can evaluate its infrastructure and trial new features. In the upcoming months, the “mainnet” iteration of Robinhood Chain will become operational and will handle actual customer transactions.
“We are currently working with Alchemy, LayerZero, Chainlink, and other major crypto entities. However, once the mainnet is active, clients will have the ability to engage with it directly,” stated Johann Kerbrat, Robinhood’s Senior Vice President of Crypto, in an interview with .
Kerbrat further mentioned that Robinhood Chain will facilitate transactions within its self-custody crypto wallet as well as the primary Robinhood application. He explained that for the end-user, the blockchain will offer a smooth experience, and many may not even realize they are utilizing it.
The Robinhood Chain is constructed using Arbitrum technology, a Layer 2 blockchain that operates on top of Ethereum. It is engineered to process transactions in batches, making them more cost-effective and efficient. Arbitrum is one of two leading Layer 2 solutions in the Ethereum ecosystem. The other, known as Optimism, is employed by Robinhood’s competitor, , which has customized it for its own widely-used .
The introduction of Robinhood Chain occurs as the company actively promotes , a concept CEO Vlad Tenev likened last year to a freight train approaching financial markets. This term refers to the conversion of various assets, including stocks, into digital tokens that can be traded on a blockchain similarly to Ethereum.
The blockchain news was released on the same day Robinhood disclosed its fourth-quarter 2025 financial results. The company reported a quarterly profit of $605 million, or 66 cents per share, surpassing the analysts’ forecast of 63 cents. However, revenue fell short of expectations, causing the stock price to decline in after-hours trading.