Robinhood Chain: status and timeline

Robinhood Chain

An Arbitrum-stack Layer 2 blockchain that enables tokenization of stocks and other securities for trading on-chain, capturing trading fees as assets move across the network.

DeployStage 4 of 5

Running at ~$60M annualized fee rate by September 2026, two months after July launch.

Checked 10 Oct0 updates this week

Milestones

Next · Expand to additional asset classes beyond stocks

Robinhood Chain mainnet launchJul 2026Complete.
Reaches $60M annualized fee run rateSep 2026Complete.
Expand to additional asset classes beyond stocksTarget 2027Not yet reached.

Upcoming

2027Expand to additional asset classes beyond stocks (next)

Current obstacles

Regulatory uncertainty around token custody and settlementThe SEC has not yet clarified rules for tokenized securities held in crypto custodies, creating risk for Robinhood's model.

Physics limits

Throughput bounded by Arbitrum's designEven as an L2, the chain is limited by how fast Arbitrum can batch and compress transactions; very high volumes could saturate it.
Liquidity fragmentation across chainsTokenizing on its own L2 fragments liquidity away from major exchanges, forcing Robinhood to cross-bridge assets for deep order books.

How it works

3 parts

Tokenization

Securities become tokens

Stocks and other securities are wrapped as tokens on Robinhood Chain, allowing them to move and settle on-chain.

Trading

Fast settlement at low cost

Traders can buy and sell tokenized stocks on the L2 with minimal latency and fees, much faster than traditional exchanges.

Finality

Periodic settlement to Ethereum

Transactions periodically batch and settle to Ethereum mainnet for final security, while the L2 handles most of the throughput.

Spec sheet

Spec	Robinhood Chain
Annualized fee run rate (Sep 2026)	$60M^R (reported)

^R reported by the company

About Robinhood

The team behind Robinhood Chain

Robinhood

Trading platform, crypto, tokenized stocks, L2

Retail brokerage that extended stock trading into cryptocurrency. Launched Robinhood Chain (Arbitrum L2 for tokenized securities) in mid-2026.

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.

robinhood.com (opens robinhood.com)Company profile →

Founded: 201313 yrs
Headquarters: United States
Status: Public
Valuation: public
Works in: CryptoRollups & ZK proofs
Coverage: 1 program · 2 updateslatest 1 Sep 2026checked 10 Oct