Robinhood Enters Race 2 with the Launch of the Robinhood Chain Public Testnet

Infrastructure providers, including Chainlink, Alchemy, and LayerZero, are already integrating the newly launched Robinhood Chain testnet.

Robinhood has launched a public testnet for Robinhood Chain, an Ethereum Layer 2 network built on Arbitrum. The US-based trading platform said the testnet was designed to accelerate the development of real-world assets and digital tokens.

The move will give developers early access to the core infrastructure ahead of the planned mainnet launch later this year.

Arbitrum-based Layer 2 Testnet

With the public testnet now live, developers can start building and verifying applications on the Robinhood Chain, using an environment compatible with standard Ethereum development tools and Arbitrum technology. Robinhood said that several infrastructure providers, such as Alchemy, Allium, Chainlink, LayerZero, and TRM, are already integrating the network.

More partners are expected to come on board during the initial stages of the testnet. As part of the launch, participants can access network entry points on the testnet, developer documentation hosted on the Robinhood website, and early infrastructure support from ecosystem partners.

The company said that the testnet phase is intended to support testing, identify potential problems, improve network stability, and lay a foundation for developers ahead of the upcoming mainnet.

Robinhood Chain is supported by the company’s existing infrastructure and knowledge. It was developed with a focus on reliability, security, and compatibility, the release said. Built on Arbitrum, the network supports bridging and self-sustaining, as well as the scalability and customization required for decentralized financial products such as asset token platforms, lending platforms, and perpetual futures exchanges.

Going forward, Robinhood said that developers building on the chain will get access to testnet assets only, including Stock Tokens for integration testing, and direct testing through the Robinhood Wallet. The company added that the series is designed to provide a common development environment within the broader Ethereum and Arbitrum ecosystem.

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Facility Expansion Meets Revenue Headlines

The trading platform has continued to deepen its exposure to cryptocurrencies since it began trading crypto for users. Last year, Robinhood officially completed the $200 million purchase of Bitstamp, which was considered its official entry into institutional crypto. However, its revenue trends have weakened over the past few months.

In the fourth quarter of 2025, Robinhood generated $221 million in cryptocurrency transactions, down 38% from last year. The result was comparable to the previous quarter, when the cryptocurrency jumped to $268 million, amid turmoil in broader markets.