Robinhood L2 Testnet Hits 4 Million Transactions in One Week

Vladimir Tenev, CEO of Robinhood, which offers investment services for cryptocurrencies and stocks, announced on the 19th that the company's L2 blockchain, 'Robinhood Chain,' saw a total of 4 million transactions on its public testnet in the first week following its launch. Mr. Tenev explained that the Robinhood Chain, designed for tokenized real-world assets (RWA) and on-chain financial services, is already being utilized by developers. He argued that the next chapter of finance will unfold on-chain, highlighting the significant interest reflected by the 4 million transactions.