February 11 News, Robinhood Chain testnet is now officially live on the Arbitrum platform, providing developers with instant faucet support for building. This is an extension of Robinhood’s launch of stock tokens on Arbitrum One, demonstrating its ongoing efforts in on-chain infrastructure and Web3 ecosystem exploration.
Robinhood Chain is built as an independent Layer 2 network on Arbitrum, inheriting Ethereum’s security and decentralization features, maintaining compatibility with the Ethereum ecosystem, and avoiding liquidity fragmentation and standard conflicts. The platform allows customizable configurations, including optimized throughput, flexible governance, and support for custom gas tokens, while offering fast confirmation times and low transaction costs to deliver a smooth app-like experience for users.
Developers can connect wallets on the testnet, apply for test ETH and stock tokens such as Tesla, Amazon, Palantir, Netflix, and AMD, and deploy Solidity smart contracts for testing. Additionally, they can simulate more complex asset transfer workflows using the Arbitrum Bridge and view transactions and contract statuses via block explorers. All testnet assets are for simulation purposes only and hold no real value.
Robinhood will also allocate $1 million in funding for the 2026 Arbitrum Open House project, including online Buildathon events in New York, Dubai, London, and Singapore, as well as offline Founder House events in New York and London, further promoting the development of the Robinhood Chain developer ecosystem.
The promotion of Robinhood Chain will be carried out in two phases: the first phase focuses on testnet validation, developer onboarding, and tokenized asset experience optimization; the second phase will launch the mainnet version, gradually opening more services and assets to achieve higher access permissions. This initiative aims to improve trading efficiency, reduce settlement friction, and promote a market operation mode closer to modern software paradigms, enabling a continuously programmable and easily integrable infrastructure for crypto assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik proposes replacing Casper FFG with Minimit to upgrade Ethereum's finality mechanism
Vitalik Buterin proposed on the X platform to replace Ethereum's finality component Casper FFG with Minimmit, claiming it offers better security and recoverability. Minimmit requires only one round of signatures, reducing the fault tolerance threshold to about 17%, which can enhance the network's competitiveness and coordinated recovery ability under attack.
GateNews1m ago
BlackRock updates its Ethereum staking ETF application documents, lowering the staking fee from 18% to 10%
Gate News Report, March 7 — Bloomberg analyst James Seyffart announced on X platform that BlackRock has updated its application documents related to the Ethereum Staking ETF (ETHB). The latest documents show that the staking fee for this product will be adjusted to 10% of staking rewards and may offer tiered fee discounts based on scale. In previous versions of the documents, the staking fee for this ETF was 18% of total staking earnings. This fee reduction is seen as part of BlackRock’s Ethereum product structure optimization.
GateNews7m ago
Kaito AI launches Kaito Studio beta, with 16 partners joining in the first batch
Gate News Announcement: On March 7th, Kaito AI officially launched the Kaito Studio beta on the X platform. The platform adopts a new model that enables brands and creators to achieve more targeted matching based on compatibility, preferences, and expectations. The first batch has integrated 16 partners, and more collaborators will be added gradually once the details are finalized.
Previously, the X platform revised its developer API policy, no longer allowing applications that provide rewards for users posting on the X platform (i.e.,
GateNews37m ago
Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes
Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%.
The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours.
On March 12, Polkadot will reset
CryptoNewsFlash5h ago
Ripple Director Spotlights New Crypto Regulatory Milestone in UK - U.Today
Cassie Craddock, CEO of Ripple Labs UK, announced the company's achievement of securing an EMI license and crypto registration from the FCA, marking a significant step in bridging traditional and decentralized finance. Ripple continues to expand its presence in the U.S. and EU with new partnerships and infrastructure developments.
UToday9h ago
Morpho Vaults V2 total deposits exceed $1 billion
Gate News Announcement: On March 6th, the lending protocol Morpho's Morpho Vaults V2 surpassed a total deposit of $1 billion.
GateNews10h ago
