What Robinhood Chain actually isRobinhood Chain is an Ethereum Layer-2 network built on Arbitrum infrastructure. It targets the space between traditional brokerage accounts and decentralized finance, essentially asking: what if your Robinhood app could talk to DeFi protocols directly? ETH serves as the gas token, so there is no native Robinhood token powering the network. One of the flagship products is Stock Tokens, which give users on-chain exposure to equities. Investors watching this space should treat the 147 million transaction figure as a proof of concept rather than a proof of demand.