Robinhood Officially Launches Its Own Crypto Network in 120 Countries: Announces Yield Opportunities

Robinhood has taken a massive step by officially launching its own blockchain network, bridging the worlds of traditional finance and decentralized finance.

Popular trading platform Robinhood has opened the Robinhood Chain mainnet to the public, in line with its vision of moving financial infrastructure on-chain. Announced at an event in London, this new network stands out as a Layer-2 solution built on Arbitrum (ARB). With this move, the company aims to go beyond being just a brokerage and become a permanent player in the decentralized finance (DeFi) ecosystem.

With the launch of the new network, tokenized stock products have also been made available in more than 120 countries. Users can now trade stocks 24/7 via the Robinhood Wallet and use these assets as collateral in lending protocols. Additionally, the company introduced a lending product called Robinhood Earn, offering a 7 percent annual yield on its dollar-pegged stablecoin, USDG.

Robinhood’s AI and Global Expansion Move

Johann Kerbrat, the company’s Senior Vice President of Crypto, emphasized that the opportunities offered by DeFi go beyond traditional finance, but technical hurdles must be overcome. In this direction, the developed Agentic Accounts allow eligible users in the US to connect artificial intelligence models to the trading infrastructure. This way, users can trade with AI-powered strategies while maintaining control of their capital.

As part of its global expansion plans, Robinhood launched perpetual futures covering commodities and ETFs in Europe and entered the UK and Canada markets. Although the company cut its workforce by 10 percent last month, its shares rose 5 percent following the new product launches. This strategy represents a critical turning point on the path to becoming an exchange where all financial activities are gathered under one roof.