February 11 News, Robinhood Chain testnet is now officially live on the Arbitrum platform, providing developers with instant faucet support for building. This is an extension of Robinhood’s launch of stock tokens on Arbitrum One, demonstrating its ongoing efforts in on-chain infrastructure and Web3 ecosystem exploration.
Robinhood Chain is built as an independent Layer 2 network on Arbitrum, inheriting Ethereum’s security and decentralization features, maintaining compatibility with the Ethereum ecosystem, and avoiding liquidity fragmentation and standard conflicts. The platform allows customizable configurations, including optimized throughput, flexible governance, and support for custom gas tokens, while offering fast confirmation times and low transaction costs to deliver a smooth app-like experience for users.
Developers can connect wallets on the testnet, apply for test ETH and stock tokens such as Tesla, Amazon, Palantir, Netflix, and AMD, and deploy Solidity smart contracts for testing. Additionally, they can simulate more complex asset transfer workflows using the Arbitrum Bridge and view transactions and contract statuses via block explorers. All testnet assets are for simulation purposes only and hold no real value.
Robinhood will also allocate $1 million in funding for the 2026 Arbitrum Open House project, including online Buildathon events in New York, Dubai, London, and Singapore, as well as offline Founder House events in New York and London, further promoting the development of the Robinhood Chain developer ecosystem.
The promotion of Robinhood Chain will be carried out in two phases: the first phase focuses on testnet validation, developer onboarding, and tokenized asset experience optimization; the second phase will launch the mainnet version, gradually opening more services and assets to achieve higher access permissions. This initiative aims to improve trading efficiency, reduce settlement friction, and promote a market operation mode closer to modern software paradigms, enabling a continuously programmable and easily integrable infrastructure for crypto assets.
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