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Robinhood Chain mainnet goes live as Ethereum-compatible Layer 2 for tokenized assets

Robinhood Chain mainnet goes live as Ethereum-compatible Layer 2 for tokenized assets

After the July 1 launch on Arbitrum Orbit, Robinhood Chain’s tokenized real-world assets rose to about $70 million and TVL reached roughly $312 million-$315 million as trading and ecosystem support expanded.

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Fact Check
All three components of the claim are independently corroborated. Decrypt (citing Robinhood's newsroom) confirms Robinhood Chain launched as an Arbitrum-based Ethereum-compatible L2 for tokenized real-world assets with a July 1, 2026 mainnet. Phantom's official X account confirmed on July 23, 2026 that Robinhood Chain is now live on Phantom, corroborated by Cointelegraph. CryptoBriefing confirms Arkham Intelligence integrated Robinhood Chain into its explorer/API around July 22-23, 2026, providing on-chain monitoring — consistent with the 'weeks after the July 1 mainnet launch' framing.
Summary

Robinhood said at its July 1, 2026 London "The World is Flat" event that Robinhood Chain mainnet is live as an Ethereum-compatible Layer 2 built on Arbitrum's Orbit stack for real-world asset tokenization, DeFi applications and AI-agent-driven trading. In the weeks after launch, tokenized real-world assets on the chain climbed to about $70 million from roughly $14 million two weeks earlier. Trading in 12 tokenized stocks accelerated, with GameStop cited at $26.6 million in daily volume, Nvidia at $14 million and SpaceX at $6.4 million; earlier reporting also said those names each recorded at least $500,000 in daily volume and some exceeded $1 million. Robinhood said stock tokens are available in more than 120 countries outside the United States. Data and reports cited in the source said the chain processed more than 17 million transactions, drew over 350,000 active addresses, generated more than $1 billion in DEX volume in its first week, posted about $350,000 in 24-hour fees, and reached roughly $312 million to $315 million in TVL, even as stablecoin and meme-coin trading remained the main drivers of overall usage.

Terms & Concepts
  • Layer 2: A network built on top of a base blockchain to improve speed, cost or scalability.
  • Arbitrum's Orbit stack: A framework for launching customizable blockchain networks that connect to the Arbitrum ecosystem.
  • TVL: Total value locked, or assets held in crypto protocols.