TLDR Tech / Crypto
Robinhood Chain Mainnet Goes Live With Stock Tokens
Robinhood Chain is an Ethereum Layer 2 built on Arbitrum, to public mainnet, bundling stock tokens, perpetual futures, and DeFi lending into a single platform targeting retail users across 38 countries. Stock tokens are available in 120+ countries outside the US, Canada, UK, Switzerland, and UAE, structured as tokenized debt securities backed 1:1 by Robinhood as a regulated broker-dealer and usable as collateral in DeFi lending pools via Uniswap and partner protocols. Robinhood Earn gives eligible US users access to ~7% APY on USDG lending through Morpho, with coverage from Lloyd's of London and RELM against smart-contract exploits. The structure lets retail users borrow against stock exposure through DeFi the same way wealthy investors have long accessed margin, while US regulatory uncertainty persists after Tenev submitted a 42-page SEC proposal for a tokenized-equity framework that has not produced a rulebook.
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