Robinhood Chain Testnet Goes Live on Arbitrum Platform
Robinhood has launched its testnet for Robinhood Chain, a dedicated Layer 2 built on the Arbitrum platform. This follows the debut of Stock Tokens on Arbitrum One, which already offers EU users access to 2,000+ tokenized U.S. stocks and ETPs.
**Key Features:**
- Custom gas token support
- Control over fees, throughput, and permissions
- Fast confirmations with low costs
**Phased Rollout:**
- **Phase 1 (Testnet):** Developer onboarding, infrastructure testing, simulated asset flows
- **Phase 2 (Mainnet):** Production network with broader access and service migration
Robinhood is sponsoring Arbitrum's Open House program to support developers building on the new chain. The testnet allows contract deployment, bridging, and testing of tokenized asset flows without production risk.
This represents a shift from traditional brokerage infrastructure to programmable onchain systems, where issuance, execution, and settlement can run continuously with fewer intermediaries.
[Start building on testnet](http://robinhood.com/chain) | [Learn more about the roadmap](http://blog.arbitrum.io/robinhood-chain-testnet)