X @Ethereum

Ethereum & Layer 2 Strategy - Robinhood chose to build its own Ethereum Layer 2 (L2) using Arbitrum due to Ethereum's proven decentralization and security [1][2][3] - The company believes new Layer 1s (L1s) often lack true decentralization and security, resembling slower, fancy databases [3] - Ethereum's existing liquidity within the Ethereum Virtual Machine (EVM) compatible chains is crucial for bringing assets like stocks onto the blockchain [4] Technology & Innovation - Robinhood selected Arbitrum for its technology, including features like Stylus, which allows for building on the chain using different languages [5][6] - Arbitrum's transaction prioritization method is considered superior to some competitors [6] - The company aims to tokenize various assets beyond stocks, including private equity, art, and real estate [7] Regulatory & Customization - Robinhood desires a customizable layer to address varying regulatory requirements across different regions like the EU, US, and LATAM [8] - The platform aims to benefit all builders on the chain, not just those using Robinhood's specific contracts [9] Development & Future Plans - Robinhood announced its chain in June and is currently in private testing, with further announcements expected [9]