At a London keynote, the trading platform opened its Arbitrum-based Layer 2 to the public, rolled out new stock tokens and a Morpho-powered lending product, and confirmed launches in Canada and Singapore alongside plans for crypto trading in the UK.
Robinhood put its blockchain ambitions into production on July 1, launching the public mainnet of Robinhood Chain and pairing it with a wave of trading and lending products built to run on top of it.
The announcements came during a keynote called “Robinhood Presents: The World is Flat,” streamed live from the Old Royal Naval College in London and hosted by CEO Vlad Tenev and Johann Kerbrat, SVP and General Manager of Crypto and International.
“Decentralized finance unlocks possibilities beyond what traditional finance can offer, but historically, it has required technical expertise to navigate,” Kerbrat said in the announcement. “We’re bringing the best of traditional finance and DeFi together, and in doing so, expanding financial ownership to every corner of the globe.”
Robinhood Chain Moves From Testnet to Mainnet
Robinhood Chain first went live as a public testnet in February, when the company launched the Arbitrum-based Layer 2 at Consensus Hong Kong. The network is now live in production, with Robinhood describing it as an institutional-grade, permissionless chain built for tokenized real-world assets and DeFi primitives like onchain lending and borrowing.
Uniswap is deploying a dedicated automated market maker on the chain to act as a public liquidity venue, and a firm called Pleiades is deploying its own AMM as a proprietary trading venue, according to Robinhood. The company also named Alchemy, BitGo, and Chainlink as infrastructure partners providing custody, oracle, and data services.
Stock Tokens Go Live in the Robinhood Wallet
Robinhood is rolling out a new version of its tokenized-equity product, called Stock Tokens, inside the Robinhood Wallet in more than 120 countries, though availability depends on jurisdiction. Under the new structure, eligible users can trade around the clock on Robinhood Chain and use the tokens as collateral or deposit them into lending pools across DeFi. Trading will route through decentralized exchanges including Uniswap, Rialto, Lighter, Arcus, and 1inch.
Per Robinhood’s disclosures, Stock Tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited that track the price of the underlying stock but do not confer any legal or beneficial ownership in the security itself — a distinction that drew scrutiny when Robinhood first launched tokenized shares of OpenAI and SpaceX in the EU last year and OpenAI publicly said it had not endorsed or partnered on the product. The original version of the product, now called Classic Stock Tokens, remains available as a derivative contract through the Robinhood Europe app.
Stock Tokens are not available to US persons and are restricted in a number of other jurisdictions, including Canada, the UK, Switzerland, and the UAE, according to Robinhood.
Onchain Lending
Robinhood is also rolling out Robinhood Earn to eligible US users, a self-custody lending product that lets people lend USDG for an estimated 7% APY. Robinhood said the lending runs on Morpho, the lending protocol that currently holds roughly $6.6 billion in total value locked across chains, according to DefiLlama.
Robinhood named Steakhouse, Ethena, Spark, and Maple as partners on the product and said losses from cyber or smart-contract exploits are covered by insurance procured through Lloyd’s of London and RELM.
Perpetuals Expand in the Wallet and in Europe
Robinhood updated its self-custody Wallet app to integrate more directly with Robinhood Chain, and eligible users in select jurisdictions can now trade perpetual futures on Lighter, a decentralized derivatives exchange, from within the Wallet.
Lighter said it has committed $11 million worth of its LIT token to Robinhood users, who can earn points toward that allocation at a 2x rate when trading through the Wallet versus 1x on Lighter’s own app. LIT was trading around $1.65 on CoinGecko at time of publication, with the token’s most recent moves tied to momentum around the CLARITY Act, US market-structure legislation, rather than the Robinhood integration.
Separately, Robinhood is expanding perpetual futures in Europe beyond crypto for the first time. Eligible EU users can now trade perpetuals on commodities, ETFs, and FX pairs — including gold, silver, QQQ, EUR/USD, WTI and Brent crude, and EWY — with up to 10x leverage, rolling out in waves. Crypto perpetuals became one of Robinhood’s fastest-growing products in Europe after the company expanded its regulated platform to 30 EU and EEA countries last year.
In the US, Robinhood is introducing maker order types for crypto traders, with fees as low as 0% based on volume for professional and advanced traders providing liquidity.
Global Footprint
Robinhood said it now serves nearly 28 million customers across 38 countries on three continents, and it paired the keynote with several regional updates.
Robinhood said it plans to launch crypto trading in the UK “soon,” a step that would add crypto to the equities, options, and futures products already offered through Robinhood UK Ltd, which is regulated by the Financial Conduct Authority.
In Canada, Robinhood said its app is now officially available to Canadian residents, following the close of its acquisition of WonderFi, the parent company of crypto platforms Bitbuy and Coinsquare. Crypto services in Canada are offered through Coinsquare Capital Markets Ltd., and Robinhood said Canadian customers will pay zero trading commissions through September 30.
Robinhood Singapore said it has received a capital markets services licence from the Monetary Authority of Singapore, which the company described as a significant step toward offering brokerage services in the country. MAS had granted Robinhood in-principle approval for the licence in April, according to earlier reporting, meaning Wednesday’s announcement marks the conversion of that preliminary approval into a full licence.
Agentic Trading Extends to Crypto
Robinhood is preparing to expand Agentic Trading to crypto for eligible US users. The company introduced Agentic Trading and the Agentic Credit Card in late May, letting customers connect third-party AI agents to a dedicated account through Robinhood’s Trading MCP server; that initial beta supported equities, with options and other asset classes described as coming later.
Robinhood said the crypto version will let eligible traders connect an AI model of choice to Robinhood’s data and execute strategies automatically, while giving users control over capital allocation and safety guardrails. The company said Agentic Trading for crypto will roll out at no additional cost.
Robinhood’s own disclosures caution that agentic trading carries the risk that AI agents can misinterpret instructions, act on outdated information, or behave unexpectedly, and that the company does not guarantee the accuracy of any agent-generated trade.
Robinhood shares (NASDAQ: HOOD) were trading around $108, up more than 7% on the day, according to StockAnalysis.com — a move that predates the keynote and tracks with strong preliminary June trading volumes and a string of Wall Street price-target increases in the days before the event, rather than a reaction to Wednesday’s announcements.
