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Ahmed Balaha

Robinhood Layer-2 Testnet on Arbitrum Processes 4 Million Transactions in First Week

Robinhood's new Layer-2 testnet built on Arbitrum processed 4 million transactions in its first seven days, as confirmed by CEO Vlad Tenev. The network is positioned as infrastructure for tokenized stocks, ETFs, and onchain financial services, following six months of private testing. Despite a 38% year-over-year decline in Q4 2025 crypto revenue, the company is expanding its tokenization and 24/7 trading stack with partners such as LayerZero, Chainlink, and Alchemy.
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