Overview
- Robinhood moved its public mainnet live on July 1 during a London keynote and activated Stock Tokens, Robinhood Earn and AI 'Agentic' accounts.
- Stock Tokens are tradable onchain in more than 120 countries but are issued as debt securities by Robinhood Assets Jersey Limited and do not give legal ownership or shareholder rights.
- Robinhood Earn lets eligible users lend USDG through self‑custody wallets with an advertised roughly 7% estimated APY backed by third‑party lending partners and insurance arrangements.
- The chain launched with day‑one partners and infrastructure integrations including Uniswap, Pleiades, Chainlink, Alchemy and BitGo and uses ETH for gas with targeted ~100ms block times.
- Markets reacted positively with HOOD shares up about 5–8% and the rollout crystallizes Robinhood’s international growth strategy even as the firm faces recent layoffs and weaker crypto transaction revenue.