Hassan Maishera
On Wednesday, the Arbitrum team announced via X that the Robinhood Chain testnet is now live on the Arbitrum platform. Phase 1 focuses on developer onboarding and infrastructure testing:
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Testnet gas + Stock Tokens
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Contract deployment
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Bridging + explorer visibility
By building on the Arbitrum platform, Robinhood Chain can remain EVM-compatible while gaining more customization and control.
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Tailored configuration: The chain can be configured to meet Robinhood’s operational needs, including support for custom gas tokens, throughput optimization, and governance flexibility.
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Performance for a consumer-grade experience: Using the Arbitrum Platform, the chain can be tuned for fast confirmations and low transaction costs, enabling seamless, app-like UX without reinventing core infrastructure.
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Crypto in the background: Robinhood shares Arbitrum’s vision that users shouldn’t need to understand the underlying blockchain. Crypto stays in the background while the user experience remains familiar.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is down 2% today and is trading at $0.1068.
