Robinhood has officially launched its blockchain platform powered by Arbitrum technology, marking a significant expansion into the Web3 space.
The integration leverages Arbitrum's Layer 2 scaling solution built on Ethereum, promising:
- Lower transaction costs
- Faster processing times
- Enhanced security features
- Maintained decentralization benefits
This collaboration between three major players - Robinhood, Arbitrum, and Ethereum - represents a notable step toward mainstream adoption of blockchain technology.
Users can now access decentralized services through Robinhood's familiar interface while benefiting from Ethereum's security and Arbitrum's scalability.
Ethereum 馃 Arbitrum 馃 Robinhood
Robinhood is now onchain with Arbitrum! Arbitrum will serve as @RobinhoodApp's rails to merge DeFi and TradFi in what is a 0 -> 1 moment for the entire industry. All while onboarding millions of net-new users into crypto. Arbitrum Everywhere. 馃У
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