Robinhood Just Launched a New Blockchain. Here's Why Investors Should Care.
Robinhood's entry into crypto means there's a new top dog to beat.
Overview
On July 1, Robinhood Markets (NASDAQ: HOOD) launched the Robinhood Chain, a Layer-2 (L2) network of Ethereum (CRYPTO: ETH) that allows its 28 million users to trade tokenized shares of U.S. stocks on a 24/7 basis in more than 120 countries.
Robinhood calls the network "AI-native," meaning autonomous software agents are a key user group. Here's why that's a very interesting development given the state of play in the crypto sector right now.
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Details
Source
Originally published at www.fool.com.
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