Robinhood launches its own blockchain testnet

U.S. stock and crypto trading app Robinhood has launched a public testnet for its own blockchain, Robinhood Chain, The Block reported. The chain is an Ethereum Layer 2 built on Arbitrum. Robinhood explained that in the coming months, developers using the chain will be able to access testnet-specific assets and conduct direct testing through the Robinhood Wallet.