According to a CoinDesk report, Robinhood is developing an Ethereum layer-2 network. Johann Kerbrat, Robinhood’s head of crypto, discussed the upcoming layer-2 network, the company's tokenized stocks program, and its staking offerings. The development of an Ethereum layer-2 network suggests a focus on leveraging the security of the Ethereum blockchain while potentially improving transaction speeds and reducing costs. This move could position Robinhood to offer more efficient and scalable crypto services to its users.

According to a CoinDesk report, Robinhood is developing an Ethereum layer-2 network. Johann Kerbrat, Robinhood’s head of crypto, discussed the upcoming layer-2 network, the company's tokenized stocks program, and its staking offerings. The development of an Ethereum layer-2 network suggests a focus on leveraging the security of the Ethereum blockchain while potentially improving transaction speeds and reducing costs. This move could position Robinhood to offer more efficient and scalable crypto services to its users.