Robinhood Launches 'AI-Native' Ethereum Layer-2 Network, Tokenized Stock Trading
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Robinhood is launching its 'AI-native' Ethereum layer-2 network, powered by Arbitrum, with the public mainnet now open. The move aims to improve scalability and reduce transaction costs. The network will enable faster and more efficient transactions, with estimated gas fees decreasing by 90%. This development is expected to boost Ethereum's adoption and usage.
Brokerage and crypto exchange Robinhood opened the public mainnet for its Arbitrum-powered Ethereum layer-2 network on Wednesday.