Robinhood CEO Vlad Tenev announced that RobinhoodChain’s public Layer 2 blockchain testnet processed 4 million transactions in its first week, signaling robust early adoption by developers. The network is designed for tokenized real-world assets and on-chain financial services, offering a platform for experimentation before mainnet deployment. This milestone reflects the broader movement among centralized exchanges toward proprietary blockchain infrastructures. RobinhoodChain is already in use by developers for building decentralized applications and financial tools.