Robinhood Chain is a public Ethereum Layer 2 built for tokenized assets and financial applications. Its public mainnet launched on July 1, 2026. It uses Ethereum for settlement while running transactions on its own network.
Users can connect compatible wallets, hold and transfer onchain assets and access applications for trading, lending and other financial services. The network also supports Robinhood Stock Tokens, blockchain-based products linked to the value of selected stocks and ETFs.
Disclaimer: This article is for informational purposes and does not provide financial or investment advice. Stock Tokens and crypto assets involve significant risk and may not be available in every jurisdiction. Check the asset, contract address and network before making a transfer.
How Robinhood Chain Works
Robinhood Chain processes transactions on its own Layer 2 network, then publishes the transaction data to Ethereum. This keeps routine transfers and smart contract activity faster and cheaper than running them directly on Ethereum.
When several transactions arrive at nearly the same time, the network must decide which one goes first. A sequencer, the service responsible for ordering transactions, places them in a queue.
Robinhood Chain uses a first-come, first-served transaction order. Transactions are processed based on when they reach the sequencer, so paying a higher fee does not move a later transaction ahead in the queue.
Stage
What Happens
Sequencer confirmation
Robinhood Chain accepts the transaction and places it in order
Posted to Ethereum
The transaction data is recorded on Ethereum
Ethereum finality
Ethereum finalizes the published data
The first confirmation usually arrives in under one second. Ethereum settlement takes longer and provides the stronger guarantee needed for large transfers or actions that cannot be reversed [4].
Infrastructure providers may use a more conservative confirmation threshold than the network’s first sequencer confirmation. NOWNodes, which added Robinhood Chain support in July 2026, waits for 5,000 confirmations before treating a transaction as confirmed in its infrastructure.
Robinhood Chain produces blocks roughly every 0.1 seconds on average. On our side, we wait for 5,000 confirmations, which comes to around 500 seconds at that block rate. – ChangeNOW Listing Team
Gas Fees and Network Configuration
Robinhood Chain charges two fee components:
L2 execution fee: the cost of processing the transaction on Robinhood Chain
L1 data fee: the cost of publishing transaction data to Ethereum
The amount can change with Ethereum congestion and the size of the transaction. A wallet combines both parts into one ETH fee [5].
A Robinhood Stock Token follows the value of a selected stock or ETF. The holder can gain or lose money as the referenced asset changes in price but does not become a shareholder in the underlying company.
The tokens are issued by Robinhood Assets (Jersey) Limited. They do not provide voting rights or direct ownership of the shares [6]. Because Stock Tokens use the ERC-20 standard, compatible applications can:
display Stock Tokens in portfolios
support spot trading
create lending markets
accept eligible tokens as collateral
use them in structured financial products
Stock Tokens must also reflect changes to the underlying asset. When a company pays a dividend or splits its shares, Robinhood adjusts the conversion rate behind the token so its economic exposure remains aligned with the referenced stock. Robinhood calls this conversion rate an onchain multiplier [6].
How the Two Stock Token Products Differ
Robinhood now uses the Stock Token name for two products with different custody models. Classic Stock Tokens remain positions inside the Robinhood Europe app [7].
Source: Robinhood Wallet
The newer tokens can be withdrawn to supported wallets and used in compatible onchain applications.
Feature
Robinhood Chain Stock Tokens
Classic Stock Tokens
Where they are held
Compatible wallets
Robinhood Europe app
External transfers
Available to eligible users
Not supported
Self-custody
Available
Not available
DeFi use
Possible in supported protocols
Not available
Direct share ownership
No
No
Robinhood Chain also supports third-party tokens. One example is CASHCAT, a memecoin launched on the network.
How Robinhood Chain Fits Into the ChangeNOW Ecosystem
NOWNodes, a blockchain infrastructure provider within the ChangeNOW ecosystem, added Robinhood Chain in July 2026. The integration includes EVM JSON-RPC, WebSocket connections, Debug and Trace methods and archive access [12].
From the integration side, Robinhood Chain did not require anything different from adding a standard EVM network. – ChangeNOW Listing Team
Source: NOWNodes Blog
NOWNodes originally grew out of the infrastructure built to support ChangeNOW. Its role has since expanded beyond exchange operations, giving wallets, analytics platforms and Web3 applications direct access to blockchain networks.
For Robinhood Chain, the available tools cover several production needs:
EVM JSON-RPC allows applications to read blockchain data, call smart contracts and broadcast transactions.
WebSocket access delivers new blocks and contract events without repeated requests to the node.
Debug and Trace methods reveal the internal contract calls behind a transaction, helping developers investigate failed operations and unexpected gas use.
Archive access preserves historical blockchain states for analytics, audits and balance reconstruction.
Robinhood Chain uses familiar Ethereum standards, but a production application may need more than a basic public endpoint. Real-time event streams, historical state and transaction traces become important for wallets, exchanges and analytics services working at scale.
The integration gives the wider ChangeNOW ecosystem infrastructure access to Robinhood Chain. ChangeNOW’s current HOODX route runs on Solana, while NOWNodes provides a separate infrastructure layer for developers working with Robinhood Chain.
How Open Is Robinhood Chain?
Robinhood Chain is permissionless for wallets and developers. Anyone can connect a compatible wallet or deploy smart contracts without approval from Robinhood.
Transaction processing still runs through a sequencer that applies compliance screening. According to Robinhood’s documentation, transactions linked to sanctioned addresses can be excluded before execution [13].
Assets can move between Ethereum and Robinhood Chain through a bridge. Canonical withdrawals to Ethereum include a seven-day challenge period, while faster routes rely on additional contracts and liquidity [8].
Transfer Checklist by ChangeNOW
Bridge conditions vary by route, so check the network, token contract, fees and withdrawal terms before sending funds.
Robinhood Chain vs the Robinhood App
The Robinhood app is a managed financial product interface while Robinhood Chain is a public blockchain accessed through wallet addresses and smart contracts.
Robinhood App
Robinhood Chain
Uses a Robinhood account
Uses a wallet address
Holds brokerage and crypto balances
Holds onchain assets
Robinhood selects available products
External developers can deploy applications
Transfers follow app rules
Transactions follow network and contract rules
Questions about brokerage withdrawals, tax forms, account security or Robinhood Gold concern the app while gas fees, bridge delays, token contracts and wallet transactions concern Robinhood Chain.
Robinhood Chain Risks and Limits
Robinhood Chain combines market exposure, smart contracts and cross-chain infrastructure.
Issuer and redemption risk: Corporate-action treatment, redemption and product availability depend on the issuer’s terms.
Smart contract risk: A flaw in a trading, lending or bridge protocol can affect deposited funds.
Liquidity risk: Thin markets can produce wider spreads, slippage and larger price impact.
Bridge risk: Third-party routes rely on separate contracts and message-verification systems.
Operational risk: Sequencer or validator disruption may delay transaction processing even when Ethereum remains operational.
Regional restrictions: Stock Token access depends on jurisdiction and can change.
Token verification risk: Unrelated tokens can copy the name or symbol of an official asset.
The Robinhood Chain contract registry should serve as the reference point for official Stock Token addresses [9].
How HOODX Differs from Robinhood Chain Stock Tokens
HOODX is separate from Robinhood Stock Tokens. It is a tracker certificate issued by Backed Assets (JE) Limited that follows the price of Robinhood Markets shares [10].
ChangeNOW lists HOODX through its Solana route [11]. The receiving address and selected network must therefore support Solana.
Robinhood Chain infrastructure is available separately through NOWNodes. HOODX exchange support and Robinhood Chain node access are two different services.
ChangeNOW also brings supported tokenized stocks and metals together in its Real-World Assets hub.
Important Note: The Robinhood name alone is not enough to identify the correct network. The receiving address, selected route and token contract should match before funds are sent.
No. Direct issuance and redemption are reserved for approved participants that meet the issuer’s requirements. Regular users acquire Stock Tokens through supported markets.
No. Anyone can connect to the network, but access to Stock Tokens depends on jurisdiction, platform rules and the issuer’s restrictions.
Yes. The tokens remain in a compatible wallet outside regular market hours. Trading availability and liquidity depend on the venue.
No. Third-party applications operate independently. Inclusion in the ecosystem directory does not guarantee their security, liquidity or performance.
Yes. Robinhood Chain is EVM-compatible, so wallets that support Ethereum-style networks, including MetaMask, can connect to it after the network is added. Users still need to select Robinhood Chain and check the token contract before sending assets.
Source: Robinhood Wallet
Source: NOWNodes Blog
Transfer Checklist by ChangeNOW
