Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Robinhood’s (NASDAQ:HOOD) proposed blockchain for trading of tokenized assets and cryptocurrencies is live on testnet. Robinhood in a Tuesday statement said its infrastructure partners for the blockchain include Web3 development platform Alchemy, blockchain oracle provider Chainlink, interoperability protocol LayerZero and blockchain intelligence company TRM Labs. "The testnet for Robinhood Chain lays th ...

With a slew of marquee sporting events lined up for the year, Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev voiced optimism on Tuesday about the firm’s prediction markets business. A Big Year For Sports-Based Prediction Market? During Robinhood’s fourth-quarter earnings call, Tenev revealed that NBA contracts had surpassed the NFL in trading activity on the company’s prediction market platform, despite industry-wide concerns that the end of the 2025 football season would drag down trading activity. ...

Robinhood Markets (NASDAQ:HOOD), a pioneer of commission-free trading, closed Wednesday at $77.97, down 8.91% as investors reacted to yesterday’s Q4 2025 earnings. Revenue came in below expectations, largely due to cryptocurrency weakness. Trading volume reached 68.3 million shares, coming in about 146% above its three-month average of 27.8 million shares. Robinhood Markets IPO'd in 2021 and has grown 105% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) held steady at 6,941, ...

Network News ROBINHOOD UNVEILS BLOCKCHAIN: Robinhood debuted the public testnet for its Ethereum layer-2 blockchain with plans for broader introduction later this year as the brokerage app aims to move more trading activity onchain. The new network, called Robinhood Chain, is built on Arbitrum and is designed to support tokenized real-world assets, including equities and exchange-traded funds (ETFs). Developers will be able to publicly build on the network for the first time after six months of private test ...

The Robinhood stock price has rebounded nearly 23% since its February 5 low near $71. On the surface, this looks like a strong recovery for HOOD. The company also just posted its best financial year on record. But the bigger picture tells a different story. Weak crypto activity, fading money flows, and rising technical risks suggest this rebound may not last. For now, downside pressure remains the dominant force. Earnings Strength and Crypto Drag Are Pulling in Opposite Directions Robinhood delivered a ...

Good morning. Global CFO turnover is surging, and the CFO role is morphing into one of the most complex, high‑stakes jobs in the C‑suite. The 2025 Russell Reynolds Associates (RRA) Global CFO Turnover Index, released this morning, was shared exclusively with CFO Daily. Data from the global leadership advisory firm shows record appointment levels alongside sustained exits, as boards look for finance leaders who can steer transformation, manage external stakeholders, and increasingly serve as potential CEO su ...

Key Takeaways Robinhood launched its own RWA-focused L2 testnet powered by Arbitrum, enabling on-chain trading of real stocks and ETFs. The platform offers 24/7 trading with low fees while maintaining regulatory compliance. Robinhood Chain bridges TradFi and DeFi, providing developers with tools to build new financial applications. Robinhood, the U.S.-based trading powerhouse valued at around $76 billion, is launching its own blockchain, Robinhood Chain. This marks a shift toward bringing more o ...

Core Insights - Robinhood is transforming from a commission-free stock trading platform to a significant player in the crypto industry, focusing on blockchain development and tokenized assets [1][2]. Group 1: Company Developments - Robinhood has completed a $200 million acquisition of Bitstamp, enhancing its capabilities in the crypto space with over 50 global licenses and facilitating institutional trading [2]. - The company has launched staking services for ether and solana, introduced perpetual futures in the EU, and expanded its token offerings for U.S. users, including XRP, SOL, and BNB [3]. - Robinhood is developing its own layer 2 blockchain, named Robinhood Chain, aimed at enabling tokenized asset trading with reduced fees and quicker settlement times [3]. Group 2: Industry Perspective - CEO Vlad Tenev believes in the future of the crypto sector, comparing its growth to an unstoppable freight train and asserting that "tokenization is going to eat the entire financial system" [4]. - As Robinhood enhances its crypto ecosystem presence, it is also expanding its prediction markets offerings [4].

Robinhood's Ethereum L2 Chain - Robinhood unveiled plans to build its own Ethereum L2, named Robinhood Chain [1] - Robinhood Chain's vision includes tokenized stocks, pre-IPO trading, PMs (likely referring to Portfolio Margins or Product Managers), and stablecoins [1] - The goal is to create 24/7 markets [1] Key Personnel - Johann Kerbrat, GM of Crypto at Robinhood, discussed the vision for Robinhood Chain [1]

Core Insights - Robinhood is expanding its crypto features and services to become a global digital finance platform, including Ethereum and Solana staking in New York with nationwide access pending regulatory clearance [1] - The company has introduced new fee tiers for high-volume U.S. traders and enhancements to its crypto trading API, along with plans for cost basis tracking for tax reporting [1] Group 1: European Expansion - In Europe, Robinhood has launched perpetual futures contracts with up to 7x leverage on cryptocurrencies like XRP, Dogecoin, and SUI, building on its initial BTC and ETH offerings [2] - The company is also introducing tokenized stocks, allowing trading of over 1,000 U.S. equities 24/7, and money market funds managed by partners like J.P. Morgan [2] Group 2: Trading Features - Higher leverage allows traders to open positions with less cash upfront, with new trades starting at the lowest setting and customers manually selecting higher levels [3] - The app in Europe is currently mobile-only, but there are plans to develop a broader web-based platform [3] Group 3: On-Chain Developments - Robinhood is launching its own layer-2 scaling network named Robinhood Chain, aimed at creating an all-in-one investment app powered by crypto [5] - The company reported $232 billion in trading volume this year and $51 billion in customer assets held on the platform as of Q3 2025, indicating that crypto remains a key growth driver [5]