Robinhood Opens Ethereum Layer 2 Testnet for Tokenized Assets and Onchain Finance

Robinhood Opens Ethereum Layer 2 Testnet for Tokenized Assets and Onchain Finance

N
News Editor 01
2026-07-22 07:00:13
Robinhood has launched the public testnet for its Arbitrum-based Ethereum Layer 2, targeting tokenized real-world assets, lending, perpetuals, and self-custody ahead of a planned mainnet release later this year.
RobinhoodEthereum Layer 2ArbitrumTokenized AssetsOnchain Finance

Robinhood has opened the public testnet for Robinhood Chain, an Ethereum Layer 2 network built with Arbitrum technology. The launch took place globally on February 11, 2026 and is aimed at developers building financial applications. Mainnet is planned for later this year. Robinhood is positioning the chain around tokenized real-world assets, onchain financial services, and an Ethereum-compatible development stack.

Testnet goes live before a planned mainnet launch

Developers can already access network entry points, technical documentation, and Ethereum-compatible tooling through the testnet. Robinhood said the network operates fully inside the Arbitrum ecosystem, with a design that connects cleanly to existing Ethereum infrastructure. The setup is straightforward: developers can work with familiar tools while testing applications on a scaling layer intended for financial use cases.

Robinhood Chain is targeting decentralized products built for finance. The company said the network supports tokenized real-world assets, lending platforms, and perpetual futures exchanges. It also includes support for self-custody and asset bridging, giving developers room to test how users move assets and interact with applications across environments.

Early integrations bring infrastructure into the test phase

Several providers have already integrated with the public testnet. Robinhood named Alchemy, Allium, Chainlink, LayerZero, and TRM among the early participants, and said more partners are expected to join during the initial phase. Those integrations matter because they touch core pieces of the stack, including development services, data, oracle functionality, cross-chain messaging, and compliance-related infrastructure.

At this stage, the focus is on experimentation and validation rather than volume. Developers are expected to test applications, surface issues, and measure network stability before mainnet. Robinhood described the rollout as the technical groundwork for a broader blockchain infrastructure push.

Testing tools include stock tokens and wallet support

Robinhood is also giving developers access to testnet-only assets, including Stock Tokens created strictly for integration testing. Applications can be tested directly with Robinhood Wallet as well. That gives teams a way to check wallet connectivity, asset flows, and product behavior in a setting closer to real user interaction.

Johann Kerbrat, Robinhood’s SVP and GM of Crypto and International, said the testnet is meant to support rebuilding financial systems onchain, with reliability, security, and compliance as priorities. Offchain Labs Co-Founder and CEO Steven Goldfeder said the technology supports tokenization and permissionless finance, adding that Offchain Labs is working closely with Robinhood.

Launch follows Robinhood’s latest revenue disclosure

The testnet debut came after Robinhood reported recent financial results. The company posted $1.28 billion in fourth-quarter revenue. Crypto transaction revenue came in at $221 million, down from the prior quarter. Robinhood said the testnet marks the first phase of its blockchain infrastructure rollout.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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