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Robinhood Robinhood just made its testnet available for developers to start experimenting. We spoke with the fintech’s Crypto General Manager Johann Kerbrat ahead of the launch: “Our vision is not just to have one or two products there, but to have the entire Robinhood infrastructure to be slowly replaced...

38,342 views • 4 months ago •via X (Twitter)

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Tomorrow, we publish a new The Edge Podcast with Robinhood GM of Crypto, Johann Kerbrat. This clip might be the clearest articulation I’ve ever heard on why Ethereum's roadmap is working, and why Robinhood chose to build its own L2 using Arbitrum. + Ethereum offers security, with proven decentralization + New L1s = centralized databases + EVM liquidity is essential for tokenized stocks & RWAs + Arbitrum’s tech stack wins on engineering merit No edits. No spin. Just a major U.S. fintech explaining why they’re building the future of finance on Ethereum. Real validation for those of us who are long term Ethereum/ETH investors. Here is the clip and transcript for Johann answering why Robinhood chose to build its own Ethereum L2: "You see a lot of companies right now building their own L1. And for us, we felt excited about this idea where we can control anything that we want to build and we don't have to deal with any other chain to talk to or anything like that. But at the same time, creating the security of a real proper decentralized chain is extremely difficult, as you know. And we basically get that for free with Ethereum. The network has been going on for a very long time now and the security is stable and it's decentralized. And I think that's really the key two points that we wanted to have. When you look at some of these new L1s that are being created, it's not really decentralized and it's not really secure. So at the end of the day, you're basically having like a... fancy database that is probably a bit slower to use than an actual database. And so we didn't really see the value in that. With Ethereum, we get the security by default. The second thing that we get by having an L2 is that you get all this liquidity that is already part of all the EVM compatible chains. And that was also a very important decision factor for us. If we really want to bring the stock market onto the chain, we need to have this liquidity. It's not going to be possible if it's in a closed loop or in a closed chain that nobody can access and you need to have like 20 different hoops before you can bridge to that chain. So for us, that was kind of the two elements that we really wanted to focus on and that's why we decided on building on Ethereum. And then we decided on Arbitrum mostly because we love the technology. There's a few things that we are excited about. For example, Stylus. It's a way that we can basically use different language into the chain and we can build on top of that. We also like the way that they prioritize transactions that is, we think, a better way than some of the competition. And so basically we'll use the Arbitrum stack and we'll create our own L2, which will make us also compatible with all the Arbitrum chains. And so we think it's kind of the best of all the worlds. But for us, the idea is like we will start with public stock, and then we think that we can tokenize anything really, not just stocks. It can be private stock, it can be art, it can be real estate, whatever you want to think of. And so we really wanted to have a platform that is kind of easy to build on and we can keep adding on it. At the same time, we know that regulation are going to be hard on some of these products, especially when it comes to financial products. You always have different regulators. You have different rules depending on the region. If you're in the EU versus the US versus LATAM. And so we felt like we wanted to have our own layer that we could customize for these needs. And then anyone that is building on the chain will also be able to benefit from what we are building, versus just putting everything in a contract that will be just good for the people that are using the Robinhood contracts. But so at this point, we announced the chain in June. We are in private test right now, and then we'll do more announcements in the future." Subscribe for the full episode tomorrow! ► Newsletter: ► Spotify: ► Apple: ► Youtube: ► Pods:

DeFi Dad ⟠ defidad.eth

62,600 views • 6 months ago

Johann Kerbrat on why Robinhood is building its own L2 on Ethereum At Consensus Hong Kong in February 2026, Robinhood launched a public testnet for Robinhood Chain, an Ethereum Layer 2 built with Arbitrum. Following six months of private testing, Robinhood plans to launch the mainnet in 2026 and will migrate tokenized US stocks and ETFs currently offered to EU customers on Arbitrum One to its own dedicated Arbitrum-powered L2 that still settles on Ethereum. Coinbase has adopted a similar strategy with its plans to take full control over Base’s tech stack and advance the L2 toward Stage 2 decentralization. Robinhood Head of Crypto Johann Kerbrat explains the rationale behind building an L2: “We can still get the security and liquidity of Ethereum, benefit from all of the work that the Arbitrum team has done, and on top of that, customize [the chain] every time we want to build something.” He continues: “If we want to give people access to all of the tools and elements of traditional finance, we also need flexibility [to comply with] what regulators are asking us to do. A world where you have full privacy and you can do whatever you want without KYC and trade securities is still a bit far for us. But what we are trying to find is a good middle ground. You will be on a permissionless chain. You will be able to interact with DeFi and do a lot of things with your stock tokens. We think it’s a great compromise.” Galaxy Head of Research Alex Thorn points out that you can embed a lot of compliance controls at the application and token layers on top of Ethereum. Source: Galaxy Research (May 2026)

Etherealize

97,002 views • 27 days ago

Incredible last few minutes of the Rick Rubin / Adam Neumann interview. I got chills listening to this. --- Adam: We'll connected to this week's portion. We all have something that we're slaves to. We all have an addiction to anger, to ego, to power, whatever it is, idol worship that we have. We all have an Egypt. We all need to leave that Egypt, come out of it. When we come out of that Egypt, we all face a Red Sea. When we see that Red Sea, we all need to have the courage to walk into it so far that we drown. Only when we're willing to drown will the Red Sea be split and we'll go to our next level. We then go to our next level. We see the Red Sea split. Suddenly we're like, oh, everything is okay. And we forget. The moment we forget, we step into the desert. We all have to walk through our version of desert. That desert is between us, us, and God. No one else. The only decision we get to have is how long we're going to journey through that desert. Are we going to journey for 14 days like the children of Israel were supposed to? Or are we going to journey for 40 years because we're not learning our lesson? Our choice is not, are we going to get into the desert or not? It's how long will we be in. And once we go out of that desert, we all have our version of the promised land. And if we have the courage to look inside, see our own correction, our own limitation, look at it clearly now and say, I see you, and I'm going to get over it. I'm going to learn. I'm going to grow. I'm going to understand that life is not about falling down. It's about how I'm going to get up. I'm going to fall 1,000 times so I can get up 1,001 times. And in that last time when I get up and I'm actually ready to go to my next level, I'm going to wish for you, for me, and for everybody who are listening — please, may we have the courage to go to our next level because we know that the promised land is waiting right after it. And may we not be afraid when the whole world is saying this or that about us. Who cares? It's about what you think, what your wife thinks, what your kids think, and what the universe thinks. Rick: Amen. Adam: Amen. Thank you. Thank you, Hashem. Thank you.

Jared Zoneraich

153,230 views • 3 months ago