Robinhood taps Arbitrum to power its new Robinhood Chain
- —Robinhood selected Arbitrum as the technology backbone for Robinhood Chain
- —Arbitrum is an Ethereum L2 known for scaling and lower transaction costs
- —The partnership could speed up the chain's launch and product rollout
Why it matters: A major brokerage building on Arbitrum strengthens the L2's position and sets a precedent for TradFi adopting blockchain rails.
Source: Coinfomania