The new blockchain from Robinhood is gaining momentum, with increased memecoin trading enhancing activity and revenue flowing back into the Arbitrum network.
By Krisztian Sandor|Edited by Stephen Alpher Jul 9, 2026, 8:28 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Robinhood's Vlad Tenev speaks at Token2049 in Singapore (Token2049)SummaryShow- The ARB token of Arbitrum saw a 19% increase after Robinhood's new blockchain recorded a daily trading volume of $568 million.
- This chain, developed using Arbitrum's technology, redirects 10% of its net revenue back to the Arbitrum ecosystem.
- FalconX estimates that the new chain could yield $60 million in revenue for Robinhood.
Robinhood's recently launched blockchain is experiencing a strong start, benefiting the Ethereum-based Arbitrum network.
The Arbitrum native token (ARB) rose by 19% within the last 24 hours, becoming the top-performing asset among the top 100 cryptocurrencies, as per data from CoinDesk. Bitcoin BTC$62,985.21 saw a 1.5% increase, trading above $63,000, while ether (ETH) rose by 0.5% on an otherwise calm day.
This surge coincided with Robinhood Chain processing over $568 million in trading volume on Wednesday, and exceeding $350 million by Thursday morning, as reported by blockchain data from Entropy Advisors. The activity was largely propelled by a surge in memecoin trading, with stablecoin balances on the network quickly surpassing $260 million within its first week.
The increase in activity is translating into revenue for Arbitrum. As per the agreement, 10% of Robinhood Chain's net protocol revenue is allocated back to the Arbitrum ecosystem, benefiting both the DAO treasury and the Developer Guild.
Robinhood's Expansion into Crypto
Robinhood launched this blockchain during its recent event in London, marking a significant step in its broader strategy to enhance its crypto offerings. The company announced plans to broaden access to tokenized U.S. stocks for clients in over 120 countries, introduced a DeFi-based savings vault providing yields via the Morpho lending protocol, and outlined ambitions to expand its crypto operations into AI-driven trading and other asset classes.
The early success has surpassed initial projections. In an April report, FalconX had estimated that Robinhood Chain might generate around $1.1 million in transaction fees during its first six months.
Brendan Ma, head of investment strategies at the Arbitrum Foundation, mentioned on X, "Based on just yesterday's activity, Robinhood is on track for an annualized revenue exceeding $12.5 million already." He also noted that significant activity related to tokenized real-world assets (RWA) is still anticipated to come.
While the current trading surge may lessen, onchain activity is expected to evolve into a vital revenue stream for Robinhood in the long run. FalconX projects that transaction revenue could reach $60 million annually by 2030 as users explore beyond tokenized stocks into DeFi and other onchain services.
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SpaceX IPO Drives Tokenized Equity Volumes to Record as Stablecoin Market Cap Falls
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Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
By CoinDesk ResearchJul 7, 2026Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
Why it matters:
Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
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