Robinhood pushes into decentralized finance with Ethereum layer-2 chain

Built on Arbitrum technology, the new Robinhood Chain supports tokenized real-world assets and decentralized lending protocols. The company is backing this infrastructure with key partnerships; Uniswap will provide a dedicated automated market maker, while Alchemy, BitGo, and Chainlink supply the underlying network support. For users in over 120 countries, the platform’s new Stock Tokens offer around-the-clock trading and utility across decentralized applications, functioning as debt securities that mirror the performance of traditional equities.

The expansion extends beyond stocks. Robinhood launched 'Earn,' allowing U.S. users to lend USDG stablecoins with a variable yield, while integrating the decentralized exchange Lighter to provide access to perpetual futures. Further automation is arriving through Agentic Accounts, which let users connect AI models to managed trading accounts. These product releases coincide with a bullish sentiment on Wall Street, where analysts at firms like Cantor Fitzgerald have raised price targets to $130, betting that the company’s pivot to onchain services and global market expansion will outpace recent internal restructuring and a 10% workforce reduction.