Robinhood launches L2 blockchain "Robinhood Chain" for US retail
A retail-broker-built L2 is the first credible signal that Wall Street's bridge to public chains has shifted from custody pilots to owning infrastructure itself.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
A retail-broker-built L2 is the first credible signal that Wall Street's bridge to public chains has shifted from custody pilots to owning infrastructure itself.
The disclosure is the new flashpoint in negotiations that had been quietly converging on a framework, and any ethics add-on risks rewriting the compromise that lawmakers had been stitching together.
The pitch lands as sovereigns test on-chain identity, registries and asset tokenization, with the foundation arguing Ethereum's governance model separates it from corporate and foundation-controlled…
ETH is grinding at a $1,500 line that traders are watching harder than any multi-year macro forecast, while corporate treasuries keep stacking despite the weak chart.
A hawkish repricing at the long end of the curve rarely happens in isolation: if it sticks, the multi-year bull case for risk assets, including spot crypto ETFs, breaks on contact.
The two largest ETH treasury companies are funding an 'honest, neutral counterpart' to capital-markets incumbents, with Lubin joining as anchor backer alongside EthLabs.
80.9K $ETH (≈131M) moved from unknown wallet to unknown wallet.
Wall Street bank maps the current drawdown against three prior BTC cycles and lands on late October as the historical analog for a low; the value-accrual filter on what comes next is the part…
The nonprofit arrives one day before major EF layoffs and weeks after co-executive director Hsiao-Wei Wang's resignation, positioning itself to fill the adoption-engineering gaps the foundation is…
A new independent non-profit lands with three anchor funders already attached, signalling that ETH's institutional push now has a dedicated vehicle rather than ad hoc alliances.
The bank scrapped its inflow forecasts entirely, modelling zero net ETF demand over the next 12 months as $4B in June outflows and stalled legislation remove the market's main institutional bid.
Ethereum Institutional launches with backing from BitMine, SharpLink and Joseph Lubin as the Ethereum Foundation narrows its focus to the core protocol, betting that a neutral front door wins the…
A new nonprofit with Joe Lubin on board pairs ETH's base-layer credibility with named institutional backers, signalling that onchain-finance infrastructure is now a coordinated industry push rather…
A $60 forecast from a top-tier bank is the rare TradFi-issued price target on a DeFi lending protocol, and a meaningful legitimizing signal for Morpho Vaults as the venue eyes deeper institutional…
Swartz's merchant-bank model pairs liquid yield strategies with active protocol incubation across Ethereum, Canton, Solana, and StarkNet, a structure the institutional RWA market has been missing.
Record outflows from US spot bitcoin and ether ETFs in June contrast with $59M of net inflows into XRP products and $161M into Hyperliquid vehicles, with HYPE riding $80M in monthly protocol fees.
The $50K September put is the loudest signal in the tape: even after today's bounce, options desks are still paying up for downside, and gold's bearish crossover is dragging the whole risk-off thesis…
USDT's effective ban across licensed EU exchanges is the first market test of MiCA's stablecoin regime, with $120B-plus of float now pushed onto unregulated offshore venues or into compliant rivals.
Nine straight sessions of net redemptions from US spot BTC and ETH ETFs is the kind of streak that resets positioning before the next directional move, not a panic signal on its own.
The bank also zeroed its 12-month ETF inflow forecast, citing $3.3B in year-to-date Bitcoin ETF outflows and a stalled U.S. crypto legislative agenda.
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
Most recent Ethereum coverage: "Robinhood launches L2 blockchain "Robinhood Chain" for US retail" — read at /en-US/a/robinhood-launches-l2-blockchain-robinhood-chain-for-us.