The brief

Analyst view

• Robinhood Chain reached $60M annualized fees by September 2026, tokenizing stocks for on-chain trading.
• The company is public on NASDAQ under ticker HOOD, founded in 2013 to democratise trading for retail investors.

Technical approach

As reported

L2 Architecture

Arbitrum-powered L2 for securities

Arbitrum-based Layer 2 for fast, low-cost tokenization and trading of stocks on-chain, with periodic settlement to Ethereum.

User Base

Existing retail trader network

Robinhood leverages its established base of millions of retail traders to drive adoption of its L2.