Robinhood launches a public test network based on Arbitrum

According to The Block, the American trading platform Robinhood has announced the launch of its Ethereum Layer 2 blockchain public test network based on Arbitrum.

The network aims to lay the foundation for a tokenized physical asset ecosystem and enable developers to leverage DeFi liquidity within the Ethereum ecosystem. The public testing phase will support experiments to identify issues and improve network stability in preparation for the future mainnet launch.