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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Robinhood: Built on Ethereum-based L2 due to its security and liquidity
On January 11, Robinhood’s head of crypto business Johann Kerbrat stated that the company has chosen to build an Ethereum Layer-2 network based on Arbitrum rather than launching a standalone Layer-1. The main reason is to directly benefit from Ethereum’s security, decentralization, and EVM ecosystem liquidity, allowing the company to focus on core products such as stock tokenization. Robinhood’s own L2 is currently in private testnet phase, with tokenized stocks already deployed on Arbitrum One. In the future, assets and liquidity can be seamlessly migrated when a new chain is launched. As of now, Robinhood’s tokenized stocks have expanded from an initial approximately 200 to over 2,000. (CoinDesk)