Robinhood launching on Ethereum affirms Ethereum’s role as the settlement and security layer for onchain finance while further validating the entire RWA category.
Big congrats to both @RobinhoodApp and @arbitrum on this major milestone!
Starting today, @RobinhoodApp will launch tokenized stocks on Arbitrum One, and later - a Robinhood Layer 2 blockchain utilizing the Orbit stack.
Robinhood will be issuing 200+ US stock and ETF tokens on Arbitrum One, for EU customers directly in their Robinhood app.
To their users, the flow will look and feel just like it traditionally would in the US, only in the EU, it’ll be backed by the blockchain.
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