Robinhood has launched a public testnet for its Ethereum layer-2 network, inviting developers and institutions to experiment with tokenized assets.
Ethereum L2 Testnet to Expand DeFi Push for RobinhoodAccording to the company, the testnet is designed as a low-risk setting where developers can evaluate the network’s technical capabilities and explore how tokenized assets function within Robinhood’s infrastructure.
The brokerage first introduced tokenized stocks in June, signaling a deeper push into digital asset infrastructure. Now, Robinhood is looking to see how those stock tokens can operate seamlessly alongside traditional financial systems.
FAQ What is Robinhood Chain? An Ethereum layer-2 network built by Robinhood. What is the public testnet for? It lets developers test apps and tokenized assets safely. What are Robinhood stock tokens? Blockchain-based representations of traditional stocks. Who can build on the network?DeFi developers and interested institutions.
