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⛓️ Crypto🟢 BullishImportance 7/10

Robinhood Launches Testnet for Arbitrum-Based L2 Blockchain

Bankless| David Christopher ||3 views
🤖AI Summary

Robinhood has launched a public testnet for Robinhood Chain, a new Ethereum Layer 2 blockchain built on Arbitrum technology. The platform is specifically designed to focus on tokenized real-world assets, marking Robinhood's expansion into blockchain infrastructure.

Key Takeaways
  • Robinhood launched the public testnet for its new Layer 2 blockchain called Robinhood Chain.
  • The blockchain is built on Arbitrum technology as an Ethereum Layer 2 solution.
  • The platform is specifically focused on tokenized real-world assets (RWAs).
  • This represents Robinhood's significant expansion from trading platform into blockchain infrastructure.
  • The testnet launch allows developers and users to test functionality before mainnet deployment.
Mentioned Tokens
$ETH$0.0000+0.0%
$ARB$0.0000+0.0%
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