[Robinhood CEO: Its L2 Testnet Records 4 Million Transactions in the First Week] Odaily Planet Daily News – Robinhood CEO Vlad Tenev stated that the Ethereum L2 network Robinhood Chain, based on Arbitrum, recorded 4 million transactions during its first week of public testing. Developers have already started building applications on the network, which is designed to support the tokenization of real-world assets (RWA) and on-chain financial services. After six months of private testing, Robinhood Chain launched its public testnet last week, positioning itself as a permissionless blockchain platform supporting high-throughput financial applications and tokenized assets such as stocks and ETFs. The network has already integrated partners like Alchemy, LayerZero, and Chainlink. Despite crypto trading revenue on platforms like Binance dropping to $221 million in Q4 last year, Robinhood plans to enable 24/7 trading and near-instant settlement through this chain. Its mainnet is expected to launch later this year.