Robinhood Launches Public Testnet for Its Layer-2 Blockchain

Robinhood has launched a public testnet for its new Layer-2 blockchain, marking a major step in its efforts to build scalable infrastructure for digital assets.

The testnet allows developers and users to explore the network’s performance, transaction speeds and cost savings before its mainnet rollout, signaling Robinhood’s push into blockchain-native ecosystems beyond its brokerage platform.

The Layer-2 chain aims to support faster, lower-cost transactions for decentralized applications and token activity, improving user experience for crypto traders and builders on the platform. By opening the testnet to the public, Robinhood is gathering community feedback and testing real-world use cases as it prepares to compete with established Layer-2 networks and expand its role in the broader Web3 landscape.

Clever Robot News Desk 13^th February 2025