Robinhood Chain Testnet Processes 4 Million Transactions in a Week

Robinhood's L2 testnet processed 4 million transactions in a week, says CEO Vlad Tenev.

The public testnet of the L2 network by Robinhood processed 4 million transactions in seven days, according to statistics provided by the online broker’s 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 onchain financial services.

The next chapter of finance runs onchain.

— Vlad Tenev (@vladtenev) February 19, 2026

“Developers are already creating applications on our second-layer solution, designed for tokenized real-world assets and financial services. The next chapter of finance will be focused onchain,” he wrote.

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

Key Features and Partners

This 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 expanding the company’s crypto direction. The broker is steadily exploring the RWA segment: approximately 2,000 American stocks and exchange-traded funds have already been tokenized via Arbitrum.

Tenev spoke about plans to launch RWAs on the platform back in July. According to him, the company plans to implement 24/7 trading of tokenized instruments and instant blockchain settlements.

The mainnet release is expected later in 2026.

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