Robinhood Jumps to Arbitrum L2! 🚀
Robinhood is ditching a standalone L1 for Arbitrum's L2. This move leverages Ethereum's massive security and EVM ecosystem. They are prioritizing core products like stock tokenization. Robinhood's L2 is in private testing, with tokenized stocks live on Arbitrum One. Assets and liquidity will migrate soon. Their tokenized stock count surged from 200 to over 2000. This is huge for L2 adoption.
Disclaimer: This is not financial advice.
