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Robinhood shares rise 4% after launching Robinhood Chain, a new Ethereum-based blockchain for tokenized assets.

Market News
02 Jul 2026
Proactive Investors
View Source
Bullish
pluang ai news

Robinhood Markets Inc launched Robinhood Chain, an Ethereum-based layer-2 blockchain using Arbitrum’s Orbit technology, designed to support tokenized assets and onchain financial products. This launch expands Robinhood’s crypto strategy by enabling traditional investing products to be brought onchain. The blockchain integrates Chainlink as its official oracle and cross-chain infrastructure provider, allowing price data and interoperability for tokenized real-world assets like Nvidia, Alphabet, and Apple stock tokens. Robinhood aims to offer users access to a wider range of onchain financial products with institutional-grade security and data reliability, positioning itself for future growth in decentralized finance.

More News (HOOD)

Eightco Holdings reveals $386M portfolio with major stakes in OpenAI, Worldcoin, and Beast Industries.

Eightco Holdings reveals $386M portfolio with major stakes in OpenAI, Worldcoin, and Beast Industries.

Eightco Holdings disclosed its treasury composition as of July 1, 2026, totaling approximately $386 million. Key assets include $90 million invested indirectly in OpenAI, $18 million in Beast Industries, 283 million Worldcoin (WLD) tokens, 16,278 Eth...

Market News
Bullish
10 hours ago
Robinhood CEO says AI agents will soon match human traders' capabilities in stock trading.

Robinhood CEO says AI agents will soon match human traders' capabilities in stock trading.

Robinhood CEO Vlad Tenev announced that AI agents on the platform will soon have the same trading capabilities as human traders, making advanced programmatic and AI-powered trading accessible to everyday investors. This development follows Robinhood'...

Market News
Bullish
12 hours ago
WhiteBIT launches TradeFi, enabling crypto users to trade traditional assets like stocks and commodities via perpetual futures.

WhiteBIT launches TradeFi, enabling crypto users to trade traditional assets like stocks and commodities via perpetual futures.

WhiteBIT, Europe's largest crypto exchange by traffic, has introduced TradeFi, a new trading category that allows users to trade traditional financial instruments such as commodities, stocks, and ETFs through perpetual futures contracts within the cr...

Market News
Bullish
1 day ago
Robinhood stock jumps 29%, boosting interest in leveraged Direxion HOOD Bull 2X ETF (HODU) for short-term traders.

Robinhood stock jumps 29%, boosting interest in leveraged Direxion HOOD Bull 2X ETF (HODU) for short-term traders.

Shares of Robinhood Markets surged nearly 30% in June, prompting analysts to predict further gains. The Direxion Daily HOOD Bull 2X ETF (HODU), which aims to deliver twice the daily performance of Robinhood stock, is attracting attention from active ...

Analyst Insights
Bullish
2 days ago
Robinhood stock gains nearly 20% with new buy ratings and price upgrades from analysts.

Robinhood stock gains nearly 20% with new buy ratings and price upgrades from analysts.

Robinhood's stock rose nearly 20% from early June lows, boosted by two new buy recommendations. Goldman Sachs upgraded its 12-month price target from $108 to $121, citing strong activity across cryptocurrencies, stocks, options, and event contracts. ...

Analyst Insights
Bullish
3 days ago
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