Robinhood’s Ethereum layer-2 testnet recorded 4 million transactions during its first week of public activity, according to CEO Vlad Tenev. The network, built using Arbitrum technology, is designed to support tokenized real-world assets and blockchain-based financial applications following roughly six months of private testing.
Developers are already experimenting with applications on the chain, which is positioned as a high-throughput environment for tokenized equities, ETFs, and other traditional financial instruments. Infrastructure partners include Alchemy, LayerZero and Chainlink, signaling a focus on institutional-grade financial tooling and cross-chain functionality.
The company plans a mainnet launch later this year as it expands beyond crypto trading into tokenization infrastructure. The move aligns with broader growth in tokenized real-world assets, which have climbed in recent weeks, underscoring increasing institutional interest in onchain financial rails and digital representations of traditional securities.
