props where its due, Robinhood will tokenize stocks on Arbitrum — that's very cool, good job by Arbitrumthey'll also launch perps via Bitstamp's exchangefinally, seems they'll release an L2 (not L3) for RWAs in the future, though unclear on tech detailsoverall, I am jealous https://t.co/XULOKYIdvF ...

It would appear my morning schedule forced me to miss the actual announcement: Robinhood L2 ala Base.This is:→ Bullish $ETH (as much as a separate chain can be)→ Neutral $ARB (*points to $OP*)The biggest question for me now is who they'll appoint as chain founder.If it's vlad this shit sends. If it's some weirdo who doesn't play in CT then it probably does a Kraken-like move and "meh"BREAD | ∑: (@0xBreadguy):Here are the possible Robinhood announcements and how everyone will debate them.You only have 3 real ...

RT William (@0xWilliamA)Would be wild if the announcement's about them launching an L2 fr. ...

RT Token Terminal 📊 (@tokenterminal)robinhood should do the opposite of what base is doing:- don't invite external app builders to the L2- bring RH products onchain- bring RH assets onchain- bring RH users onchainif executed well, the RH L2 is the market leader in 12 months https://t.co/L9Ayhqr7vh ...

The landscape of infra tokens, both L1 and L2, are largely uncreative and are massively mispriced if the value they capture is solely the thing being driven to zero (tx fees)Ignas | DeFi (@DefiIgnas):What's the upside for L2 tokens?Fee sharing?Even if they turned on fee sharing, it's not much:Arbitrum made $19.5m in fees in a year. Optimism $18.3m.zkSync just $1.3m and Starknet $600k.This Price(FDV)-to-Fees ratio puts Arbitrum at 137.8x, and Optimism at 205.7x https://t.co/eTQ8WMy6md ...