The official Arbitrum account has kept up a running explanation of why Robinhood chose Arbitrum to power Robinhood Chain. In reply to Robinhood CEO Vlad Tenev — who said the firm "looked long and hard at all the other ecosystems" and found "nothing quite met our specific needs of building the #1 chain for real world assets (and memes too)" — Arbitrum answered: "Nothing - but Arbitrum @RobinhoodApp deserved their own chain, and we're happy to have worked with them to make it happen."
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