Incubation, alliance and voicelist, Robinhod, behind Web3
Author: ChainCatcher
On July 1, 2026, Robinhod, a leading Internet voucherr, held a landmark theme presentation entitled “The World is Flat”. This post is part of our special coverage Syria Protests 2011Robinwood ChainThe public main network is officially online, Stock Tokens is fully open, Agency Accounts is available for encryption users in the United States, Robinhod Earn. On the same day, the company ' s stock price rose by 8.35 per cent。
It's not just an encryption update. From the initial online encryption of money transactions in 2018 to the introduction of its own Layer 2-centre chain today, Robinhood has completed a complete path from testing to deep dive. This path reflects the evolution of the paradigm of the traditional financial giants in viewing the encrypted world and reaching out to full integration. And Robinwood, it happens to be the most dissectable sample on this curve。
Phase 1: Initial encryption - from trade function to own wallet
The first interaction between Robinwood and encrypted currency began in 2018. At the same time, the “zero commission” of Internet coupons that subverted the United States stockbroker industry put on line the encryption of currency transactions in App. At the time, it was more like a natural extension of the product boundary — a one-stop experience where users could trade shares, options and encrypted currencies in the same account。
However, the initial location of encryption operations was conservative. Robinwood listed only 15 types of encrypted assets on its platform and never provided pledge services. This caution stems from regulatory uncertainty — at a time when the regulatory framework of the United States SEC for encrypted assets is unclear, and Robinhod has chosen to test water with a minimised list of assets, meeting user needs while keeping compliance risks within acceptable limits。
Further progress occurred around 2022. Robinhod introduced his own encrypted currency wallet, marking the upgrading of its encryption layout from a “trading route” to an “assets entry”. The introduction of the wallet means that users no longer simply buy and sell encrypted assets on the Robinwood platform, but have real chain autonomy — assets that can be deposited, transferred and even involved in the wider deFi ecology。
The significance of this phase lies in “location”. Robinhood completed a zero-to-one encryption infrastructure over a period of four years and, despite its relative functional basis, placed an ambush for subsequent full expansion. More importantly, through the wallet product, Robinhood has accumulated experience in the operation of the chain of users, laying the cognitive foundation for its future strategy of owning the public chain。
Phase II: Embracing - Acquisition, investment and ecological alliances
If the first phase is “test water temperature”, then Robinwood actually jumped into the pool between 2024 and 2025。
The most significant event was the announcement in June 2024 of a $200 million cash purchase of the old compliance exchange Bitstamp. The transaction was completed in the first half of 2025. Bitstamp was established in 2011 as one of the most compliant exchanges in the industry, operating in Luxembourg, the United Kingdom, Singapore and the United States, with over 50 global encryption licences. When the acquisition was completed, the encryption assets supported by Robinhod expanded from more than 15 types in the United States and more than 30 in Europe to more than 85 types in Bitstamp。
More importantly, Bitstamp provides Robinwood with an institutional trading channel — 90 per cent of which comes from institutional users, with an average of five basis points charged for each transaction. This means that Robinhod's encryption operations no longer serve the retail bulk, but cut into higher-profit institutional markets。
In almost the same period, Robinood also announced the acquisition of the Canadian platform WonderFi to expand the North American market. In parallel to the expansion of internationalization, Robinwood ' s operations in Europe have expanded from four countries to 30。
At the investment level, Robinwood was involved in the $68 million financing of Lighter at the end of the year. Lighter is a chain-based spot exchange created by Vladimir Novakovski in 2022, which was financed by Peter Thiel ' s Founders Fund and Rubbit Capital, with a post-investment valuation of approximately $1.5 billion. Robinhood enters the business as an investor, not just as a business partner — a deeper stake。
At the product level, in June 2025, Robinhod launched Stock Tokens in the EU, allowing users to trade over 200 United States shares and ETF versions of their currencies. This product marks the beginning of Robinhod's attempt to “link” traditional financial assets。
At this stage, Robinhod's encryption operations began to make a real contribution to financial data. In the second quarter of 2025, revenues from companies ' encrypted currency transactions reached $160 million, an increase of 98 per cent over the same period, and the volume of encrypted transactions reached $35 billion. In the third quarter of 2025, the collection of encrypted currency trading facilities increased to $268 million, an annual increase of 339 per cent and the volume of encrypted transactions reached $80 billion. Encryption has become the core engine of Robinwood performance growth。
The strategic logic of this phase is clear: the acquisition of compliance licences and institutional clients through acquisition, the investment of core ecological partners, and the exploration of asset uplink possibilities through product innovation. Robinhod no longer locates himself as an “encrypted stock exchange app”, but begins to systematically construct an integrated financial platform covering retail and institutional, spot and derivatives, traditional and encrypted assets。
Phase III: Deep layout - Robinwood Chain and the ambition of Everything Exchange
On 1 July 2026, Robinhod came to a critical juncture in the encryption strategy — official access to the Robinhod Chain Public Main Network。
This Layer 2 network, based on the Arbitrum technology warehouse, is geared towards the monetization of real world assets (RWA) and DeFi applications, and is also “fully suited to Memecococoin” (Robinwood CEO, Vlad Tenev)。
The introduction of Robinhod Chain marked the upgrading of Robinhod's encryption strategy from “accessor” to “builder”。
In the past few years, it has been common for financial companies to enter the encryption industry by accessing existing public chains — the platform is responsible for users, interfaces and product packaging, while bottom settlements, Gas, liquidity and DeFi applications take place on external networks. This model is fast-started, but for Robinhod, who already has nearly 28 million funds, the long-term pain is that users are in their own App and assets and liquidations are in others' territories。
Robinwood Chain was born to resolve this contradiction. It transformed Robinhod from an “interface provider” to a “financial track owner” — transactions, liquidations, mortgages, proceeds and asset flows all operate on their own chains。
A complete ecology is taking shape around Robinwood Chain. On the first day, Uniswap, Chainlink, Lighter, 0xLI.FIIn the past few months, several dozen encryption projects such as Rialto have been declared integrated by Robin Chain, and DYdX has simply abandoned its original brand name and launched a new Perp Exchange Arcus. Robinhod Chain was reported to have a stabilization currency of $246.97 million。
At the same time, Stock Tokens is fully open, with users trading tokenized shares in more than 120 countries through Robinwood Wallet. Robinhod Earn allows users to borrow USDG stabilization currency through their own hosting wallets, with an expected annualized return of about 7 per cent. Agenic Accounts allows eligible users to connect the AI model to Robinwood ' s trading infrastructure。
By doing so, Robinhod has gradually put stocks, encrypted currencies, tokenized assets, stable currency gains, renewable futures, forecast markets and AI trading instruments into the same financial account system。
The company CEO Vlad Tenev revealed that it now owns nine product lines with annual revenues of hundreds of millions of dollars, covering stock transactions, options, encrypted currencies, Robinhod Gold subscriptions, cash management, spotting, tokenization, private banks and forecast markets。
this company, which used to be the company of zero commission coupons, is moving towards the ultimate form of everything exchange。
Sample of integration between traditional finance and encrypted worlds
It is worth noting that just as Robinwood launched its own public chain, the encrypted primary exchanges Coinbase, Binance and others are actively promoting the onlineization of tokenized shares, trying to bring traditional stock exchanges into the chain. At the same time, Robinhod advanced to the encryption field through self-establishment of the public service chain, up-to-date contracts and DeFi tools。
The two paths are approaching the same goal in the opposite direction: to allow users to complete transactions, holdings and gains in both traditional and encrypted assets in the same system。
More importantly, Robinhod’s path reveals an increasingly clear industry trend: traditional financial institutions enter the world of encryption, not just to access an already existing ecology, but rather to re-establish their own financial systems through their own cumulative compliance capacity, brand credibility, user base, and global channels. This will be a great threat to the existing encryption giants。
From the prudent currency in 2018 to the self-established public chain in 2026, Robinwood completed the "reversible" of the encrypted world in eight years. Its journey revealed an inescapable end: When conventional financial giants enter the encrypted deep sea, what they do is not integrate into the world of established chains, but rebuild a new continent at their feet with compliance structures and big users. This form of user-ordered agreement may be the main feature of the next decade's integration of traditional finance and encryption. Yes
