Robinhood Markets IncRobinhood is developing its own blockchain and tokenization services, positioning it at the forefront of the on-chain finance shift.

The boundary between finance and technology in the United States is rapidly dissolving, and Robinhood is moving forward with development of its own blockchain, Robinhood Chain. The company plans to launch a service in 2025 that tokenizes US stocks and ETFs for trading in Europe, and to deploy its own layer-2 network based on Arbitrum technology to testnet and mainnet in 2026. JPMorgan is connecting deposits, payments, and securities trading to blockchain technology through platforms such as Kinexys, Citigroup is building a digital asset foundation, BNY Mellon is advancing connections between stablecoins and existing custody services, and DTCC is pushing ahead with tokenization of stocks, ETFs, and US Treasuries. Nasdaq is also working to integrate tokenized securities into existing markets, meaning that banking, securities, custody, payments, and clearing, every layer of the financial system, is simultaneously moving on-chain. Behind this is a decline in regulatory uncertainty in the United States, as the SEC, CFTC, OCC, Federal Reserve, and FDIC are all developing frameworks for digital assets, tokenized securities, stablecoins, and the use of blockchain by banks.
Robinhood Markets IncRobinhood is developing its own blockchain and tokenization services, positioning it at the forefront of the on-chain finance shift.
The Bank of New York Mellon Corporation
Citigroup Inc.
JPMorgan Chase & Co
Nasdaq Inc