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Robinhood’s 27M User Bet on Onchain Finance

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1,880 views80likes32:44BanklessOriginal Release: 2026-07-06

Robinhood has launched Robinhood Chain, an Arbitrum Orbit chain that enables tokenized stocks to be freely transferable across the Ethereum ecosystem, while integrating DeFi protocols like Morpho (offering 7% yield on USDG stablecoin deposits) and Lighter (providing crypto-native perpetuals) into their main app and wallet, representing a significant step toward bringing traditional finance onto Ethereum rails for their 27 million users.