Robinhood has launched a public testnet for its Ethereum layer-2 network, Robinhood Chain, inviting developers to experiment with tokenized assets. The move signals the brokerage’s ambition to expand beyond crypto trading into decentralized finance and tokenized traditional assets. This phase aims to assess technical performance while exploring integration with Robinhood’s existing retail services, marking a strategic shift from viewing layer-2 technology merely as a scaling solution to a foundational tool for rebuilding financial systems.
about Robinhood Chain Testnet Launches for Tokenized Asset DevelopmentSteven Goldfeder
1 posts last weekHouse Passes Key Crypto Bills After Marathon Vote
The U.S. House of Representatives voted 217-212 to advance three major crypto bills—the GENIUS Act (stablecoin regulation), CLARITY Act (market structure), and Anti-CBDC Surveillance State Act—after a record-breaking procedural standoff. The breakthrough followed concessions to conservative Republicans, including attaching the Anti-CBDC Act to the must-pass NDAA. Former President Trump played a role in securing GOP support. The crypto industry hailed the move as a critical step toward regulatory clarity, with the GENIUS Act poised for a final vote. Opposition persisted from some Republicans, including Rep. Marjorie Taylor Greene, who criticized CBDCs as a ‘mark of the beast.’ The vote signals growing legislative momentum for crypto governance in the U.S.
about House Passes Key Crypto Bills After Marathon VoteArbitrum Stylus Boosts Gaming & Fintech Adoption
Arbitrum’s Stylus, a developer tool allowing smart contracts in languages like C++ and Rust, is gaining traction in gaming and fintech. Offchain Labs CEO Steven Goldfeder notes that gaming studios like Xai Games and Proof of Play are using Arbitrum’s architecture for blockchain-powered experiences, while Robinhood adopts its tech for tokenized assets. Despite slow adoption by AAA studios, Arbitrum’s flexibility and $10M gaming fund signal growing momentum. The platform’s ‘neutral environment’ approach mirrors Robinhood’s strategy, blending Web2 accessibility with Web3 innovation.
about Arbitrum Stylus Boosts Gaming & Fintech Adoption