Robinhood Launches Ethereum-Based Blockchain Without Its Own Token

Robinhood has launched its new blockchain network, Robinhood Chain, built on top of Ethereum's Arbitrum infrastructure.

The platform will use ETH exclusively for transaction fees, aligning with other platforms like Coinbase's Base that have opted not to issue their own proprietary tokens.

The chain focuses on tokenized real-world assets, such as US stock and ETF tokens, enabling 24/7 trading beyond traditional market hours.