Robinhood has officially launched a public testnet for its new blockchain, known as Robinhood Chain, which is built on the Arbitrum Ethereum Layer 2 technology. This significant development aims to enhance market data accessibility and facilitate tokenization through an integration with Chainlink.
The testnet is designed primarily for developers seeking to create on-chain financial services that focus on both digital and real-world asset tokenization. This early testing phase will allow teams to deploy and validate their applications while ensuring the infrastructure is robust ahead of a planned mainnet launch scheduled for 2026.
Robinhood”s announcement comes on the heels of its financial report for the fourth quarter of 2025, revealing a net revenue of $1.28 billion, a 27% increase year-over-year. However, the company reported a 38% decline in its crypto revenue, totaling $221 million.
The newly launched testnet features partnerships with various infrastructure providers, including Chainlink, Alchemy, Allium, LayerZero, and TRM. The network is deemed “financial-grade,” focusing on key attributes such as reliability, security, and compliance, which are essential for supporting the development of tokenized asset platforms, lending products, and perpetual futures exchanges.
Developers can utilize familiar Ethereum development tools within the Arbitrum ecosystem while gaining access to testnet-specific assets, including stock tokens for integration testing purposes. The initiative also includes the testing capabilities through the Robinhood Wallet in subsequent phases.
Steven Goldfeder, Co-Founder and CEO of Offchain Labs, the team responsible for Arbitrum, commented on the partnership, stating that it is paving the way for a new era in finance. He emphasized that with Arbitrum”s developer-friendly tools, Robinhood Chain is well-positioned to advance the industry towards tokenization and permissionless financial services.
This move aligns with a growing trend among traditional financial institutions launching their own blockchain networks. Noteworthy examples include Coinbase with its Base network and Circle, which launched Arc last year for stablecoin transactions.
As for market performance, at the time of reporting, Chainlink was trading at $8.25, reflecting a 3.42% decrease over the previous 24 hours, while Arbitrum was valued at $0.1066, down 2.78% during the same period.
