Catenaa, Sunday, February 15, 2026- Robinhood has launched a public testnet for its own blockchain, marking a further push by the trading platform into crypto infrastructure and tokenized financial products.
The new network, called Robinhood Chain, is an Ethereum Layer 2 built on Arbitrum and is designed to support tokenized real-world assets and decentralized finance activity within the Ethereum ecosystem.
The company said the testnet will allow developers to experiment, identify technical issues, and improve network stability ahead of a future mainnet launch.
Robinhood has steadily expanded its digital asset strategy beyond retail trading, despite a recent slowdown in crypto revenue.
The company reported that cryptocurrency transaction revenue fell 38% year over year to $221 million in the fourth quarter, down from $268 million in the previous quarter.
The testnet launch signals a continued focus on long-term blockchain development even as near-term trading activity cools.
The company said developers building on Robinhood Chain will gain access to testnet-only assets, including stock tokens, for integration and functionality testing.
Direct testing with Robinhood Wallet will also be supported, allowing developers to simulate user interactions across custody and onchain applications.
Robinhood began offering tokenized stocks to European users in June 2025, providing exposure to more than 2,000 US-listed equities with extended trading hours.
Those tokens are issued on Arbitrum One, tying the company’s existing tokenization efforts closely to the same ecosystem now underpinning its proprietary chain.
By launching its own Layer 2 network, Robinhood is positioning itself as both a consumer platform and a blockchain infrastructure provider, aiming to support round-the-clock trading, faster settlement, and onchain financial services as tokenization gains traction across global markets.
