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Robinhood Launches Own Blockchain | Bitcoin and Crypto News
Description
Robinhood just launched its own public blockchain, Robinhood Chain, built on Arbitrum, aimed at real-world assets and AI — a bold move as they prep to enter UK crypto trading and already offer tokenized stocks in over 120 countries. CEO’s long-held vision for tokenized stocks could eliminate trading halts, but this comes amid workforce cuts and a drop in crypto revenue. Entering a crowded L2 space with rivals like Coinbase-backed Base, Robinhood’s mainnet debut signals a major push into decentralized finance — a high-stakes play in a rapidly evolving crypto landscape.
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