Home Crypto Robinhood debuts Layer 2 mainnet for tokenized stock trading

Robinhood debuts Layer 2 mainnet for tokenized stock trading

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Robinhood has launched its Ethereum Layer 2 mainnet alongside tokenized stock trading and perpetual futures, expanding its blockchain based financial services beyond the testnet stage.

Summary

  • Robinhood has launched its Ethereum Layer 2 mainnet with tokenized stocks and decentralized finance features.
  • Eligible users in more than 120 countries can trade tokenized stocks through Robinhood Wallet on supported decentralized exchanges.
  • Robinhood Wallet now offers perpetual futures through Lighter, with eligible users earning LIT token rewards based on trading activity.

According to an announcement during the company’s “The World is Flat” event in London, Robinhood has unveiled the public mainnet of Robinhood Chain, an Ethereum Layer 2 network built with Arbitrum technology, while introducing tokenized stocks and decentralized perpetual futures trading as part of its latest international product rollout.

Speaking during the launch, Robinhood CEO Vlad Tenev and other executives described the announcement as the company’s most ambitious global expansion and product strategy so far, with a focus on combining traditional financial products with decentralized finance infrastructure.

Robinhood Chain moves from testnet to mainnet

Robinhood Chain has been launched as a permissionless, AI native Ethereum Layer 2 network designed for real world assets. Built using Arbitrum’s technology stack to institutional standards, the network includes integrations with Alchemy, BitGo, and Chainlink, while also supporting built in DeFi features such as lending and borrowing.

The company said Uniswap will deploy a dedicated automated market maker as the chain’s primary public liquidity protocol, while Pleiades will launch its own automated market maker to serve as the primary proprietary trading venue.

The mainnet launch follows Robinhood Chain’s public testnet debut in February. At the time, Tenev said the network processed more than four million transactions during its first week, with developers already experimenting with tokenized stock assets and decentralized financial applications. The testnet was built to let developers evaluate tools and infrastructure before the production rollout.

Tokenized stocks and perpetual futures expand offering

Alongside the blockchain launch, Robinhood introduced a new version of Stock Tokens that allows eligible users to trade tokenized equities around the clock directly on Robinhood Chain. According to the company’s disclosures, the tokens can also be used as collateral across decentralized finance applications and deployed into lending pools.

Robinhood said the new Stock Tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited. While they provide economic exposure to the underlying shares, holders do not receive legal ownership or beneficial rights in the underlying stocks.

Eligible users in more than 120 countries can access the assets through Robinhood Wallet, with spot trading available on decentralized exchanges including Uniswap, Rialto, Lighter, 1inch and Arcus, which was developed by the team behind dYdX. The company said the product is unavailable to users in the United States and remains restricted in several other jurisdictions, including Canada, the United Kingdom, Switzerland, the United Arab Emirates and sanctioned regions.

Robinhood also renamed its earlier tokenized equity product as Classic Stock Tokens. Those assets, first introduced during the company’s Cannes event in June 2025, will continue to operate inside the Robinhood Europe app after the launch of the new on chain version.

Attention also turned to Robinhood Wallet, which now offers eligible users in selected jurisdictions access to perpetual futures through Ethereum-based decentralized exchange Lighter. According to the company’s disclosures, the product is not available in the United States, the United Kingdom, Canada, Switzerland, the United Arab Emirates, Singapore, and other restricted markets.

Robinhood said Lighter has allocated $11 million worth of its native LIT tokens to the Robinhood community. Eligible users will earn trading points on perpetual futures transactions that convert into LIT tokens, with trades executed through Robinhood Wallet receiving double the points compared with trades placed directly through Lighter’s web application.



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