Robinhood
Robinhood launches public blockchain mainnet in London
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Robinhood opened the public mainnet for its Arbitrum-based layer-2 blockchain on Wednesday, enabling tokenized stock trading and new decentralized finance products.
Robinhood is reducing its workforce by approximately 10 percent. The move affects staff from a base of roughly 2,900 employees. The company aims to streamline operations following weaker first-quarter results.
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Demand for U.S. stocks, particularly AI-related ones, is growing among overseas investors, according to Robinhood's senior vice president Johann Kerbrat. He highlighted tokenization, 24/7 trading, and regulatory changes as key drivers expanding access beyond domestic markets. Kerbrat spoke at Consensus 2026 in Miami.