Robinhood Chain Testnet Processes 4 Million Transactions in a Week

The public testnet of the L2 network Robinhood Chain has processed 4 million transactions in just seven days, according to CEO Vlad Tenev. 

Four million transactions in the first week of Robinhood Chain testnet.

Developers are already building on our L2, designed for tokenized real-world assets and on-chain financial services.

The next chapter of finance runs on-chain.

— Vlad Tenev (@vladtenev) February 19, 2026

"Developers are already creating applications on our Layer 2 solution, which is intended for tokenized real-world assets and financial services. The next chapter of finance will be focused on-chain," he stated. 

The financial platform launched the Robinhood Chain testnet on February 11. This L2 network is built on Arbitrum and underwent six months of closed testing prior to its public release. 

Key Features and Partners

The decentralized solution is aimed at high-performance financial applications with native support for tokenized stocks, ETFs, and other RWAs. 

Major infrastructure players are involved in the technical implementation of the project:

• Alchemy — development tools;
• LayerZero — cross-chain interaction;
• Chainlink — decentralized oracles.

Strategic Context

The launch of Robinhood Chain is a logical step in the company's expansion into the crypto space. The broker is steadily exploring the RWA segment, with around 2,000 U.S. stocks and ETFs already tokenized through Arbitrum.

Source: Dune. 

Tenev discussed plans for launching RWAs on the platform back in July. He stated that the company aims to implement 24/7 trading of tokenized instruments and instant settlements on the blockchain.

The mainnet release is expected later in 2026. 

In November, Robinhood announced the creation of its own derivatives exchange and clearinghouse.