Robinhood Shakes Up Crypto: Unveils High-Speed Layer 2 Blockchain in Aggressive Expansion

Robinhood just dropped a bombshell—its own Ethereum-compatible Layer 2 blockchain. Because what the crypto world needed was another scaling solution from a brokerage that made its name on free stock trades.

The Speed Play

Zero-fee swaps meet sub-second finality. The platform’s new chain promises to undercut Ethereum’s gas fees while (conveniently) keeping users locked into Robinhood’s ecosystem. A win-win—if you ignore the dozen other L2s fighting for the same oxygen.

The Catch

Early testers report throughput hitting 2,000 TPS—impressive until you remember Solana’s 50,000+ claims. And yes, there’s a token. Because of course there is.

Wall Street’s favorite disruptor is now betting big on crypto infrastructure. Whether it’s genius or just another ‘me-too’ chain in a crowded market? The memecoins will decide.

Tokenized U.S. stocks launch

Apart from the Arbitrum-powered blockchain, Robinhood Markets has also launched U.S. stock and exchange-traded fund tokens in the European Union.

The company, whose plans for tokenized U.S. stocks emerged in early May, says it targets more than 400 million people in 30 EU and European Economic Area countries, with tokenized stocks expanding the company’s European app from a crypto-only offering to an all-in-one app.

“Crypto was built by engineers for engineers, and has not been accessible to most people,” said Johann Kerbrat, general manager and senior vice president of Robinhood Crypto. “We’re onboarding the world to crypto by making it as easy to use as possible—with the goal of bringing powerful tools into one intuitive platform.”

Access to the over 200 tokenized U.S. stocks and ETFs will initially be via Arbitrum before ETF tokens MOVE to Robinhood’s L2.

EU customers will also have access to crypto perpetual futures with up to 3x leverage, which Robinhood plans to roll out to eligible customers this summer. Another service the platform is rolling out is crypto staking in the U.S., starting with ethereum (ETH) and Solana (SOL). 

The past year has seen Robinhood up its efforts to become a leading platform for crypto, with its acquisition of Bitstamp a major move. In May 2025, Robinhood announced it was acquiring WonderFi, a Canadian crypto firm in an all-cash deal.