United Founders Group picks sfrxETH for Robinhood Chain DeFi platform

September 8, 2026

Frax Finance announced that United Founders Group is building a DeFi Innovation Platform on Robinhood Chain and has selected sfrxETH as the core asset for its Treasury v2, the platform's highest-performing ETH liquid staking token.

Brings Frax's ETH staking product to the Robinhood Chain ecosystem
UFG and Frax to collaborate as Frax expands onto the chain

Sources

United Founders Group is building a DeFi Innovation Platform on Robinhood Chain. They’ve selected sfrxETH as the core asset for their Treasury v2, building on top of our highest-performing ETH LST. Frax is coming to @RobinhoodCrypto 👀 https://t.co/y5W0NRG6Us https://t.co/TajxRCd08nx.com ↗

Frax

Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.

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United Founders Group picks sfrxETH for Robinhood Chain DeFi platform — Outposts