EL7.AI
StocksMediumUpdated×7•Originally published 1 July 2026•Updated 2 July 2026•
1 min read

Robinhood launches Layer 2 network, enters asset tokenization with Bitget

Man's portrait against an orange background with UK and Europe maps and a Robinhood branded card.

Key Facts

1Robinhood announced plans to launch crypto trading in the UK and broadened its perpetual futures offering in Europe beyond cryptocurrencies.
2Robinhood expands perpetual futures offering in Europe, plans crypto launch in UK.

In a move signaling the platform's pivot toward blockchain infrastructure, Robinhood has announced the integration of Bitget Wallet with its new Robinhood Chain, utilizing Arbitrum's Orbit technology. According to analyst reports, this collaboration aims to provide users with direct on-chain access to tokenized stocks and real-world assets (RWAs) via an Ethereum Layer 2 network. HOOD shares rose 4% in response to the network launch, reflecting investor optimism regarding the expansion.

This technical shift occurs as institutional adoption of tokenized assets gains significant momentum. Per market data, HOOD stock closed at $100.28 on June 30, 2026, as the company seeks to compete with crypto-native platforms by offering sophisticated on-chain solutions. Comparisons with peers like Coinbase, which operates the Base network, suggest Robinhood is following a similar blueprint to enhance user retention and reduce transaction costs.

Traders will be watching support levels for HOOD near $99.66, the low from the June 30, 2026 session, while monitoring liquidity migration to the new Robinhood Chain. With no major catalysts in the upcoming economic calendar, focus remains on network adoption rates and the potential impact of these technical services on the company's long-term revenue diversification.

Latest Updates · 3

  1. Notable·

    Update: In a parallel technical development, Robinhood enhanced its digital services by launching a decentralized finance (DeFi) lending feature directly within its app. Powered by the Morpho protocol, this feature allows users to earn yield on their digital assets, a move aimed at bridging institutional-grade finance tools with the platform's signature retail user experience.

  2. Major·

    Update: In a significant technological milestone, Robinhood has launched the public mainnet for its Ethereum Layer-2 network, powered by Arbitrum. This initiative introduces tokenized stock trading to the platform, marking a strategic pivot toward decentralized finance (DeFi) infrastructure and expanding its digital asset capabilities.

  3. Major·

    Update: Robinhood also said Robinhood Chain is now live on public mainnet as a Layer 2 built on Arbitrum's tech stack. The launch came with 24/7 tokenized stocks, Lighter perps, and a planned rollout of agentic crypto trading, with Uniswap among day-one partners.