Bankless · Monday, July 6, 2026
Robinhood has launched its own blockchain, dubbed "Robinhood Chain," at its "The World is Flat" event. The chain supports tokenized stocks, offering features like dividends and governance rights, and is integrated with DeFi protocols. Additionally, Robinhood is offering a 7% yield on USDG stablecoin deposits through a non-custodial section in its main app, utilizing Morpho for smart wallet functionality.
“On Wednesday of last week, Robinhood held their The World is Flat event, where they launched the Robinhood chain, along with a huge collection of ecosystem partners and integrations.”
“Tokenized stocks issued by Robinhood are freely and permissionlessly transferable around the Robinhood chain and on and off the Robinhood chain to the Ethereum layer 1 and the rest of its layer 2s.”
“Morpho is integrated into the main Robinhood app, offering Robinhood customers, the 27 million Robinhood customers, 7% yield on USDG stablecoin deposits in a non-custodial section of the main Robinhood app.”