🚨 JUST IN: @RobinhoodApp 's blockchain mainnet is live, and they're launching stock tokens and agentic trading in a new suite of DeFi earn products. Live from London today, Robinhood put the full onchain-markets stack under one roof: - Robinhood Chain, its own Layer 2 on Arbitrum, now on public mainnet - "Stock Tokens in 120+ countries", trading 24/7 and usable as collateral in DeFi lending pools - Crypto Earn: lend dollar-backed USDG at ~7% APY on Morpho, with cover through Lloyd's of London - Commodity, ETF and FX perpetual futures in Europe (gold, oil, EUR/USD) at up to 10x leverage The 120 companies does NOT include the USA. The reason is securities law. Tenev handed the SEC a 42-page proposal last year asking for a tokenized-equity rulebook. Still no framework. So the product goes live across 120 countries before it reaches the market Robinhood was born in. One detail to hold onto: A "Stock Token" is a token that tracks a share's price, with Robinhood holding the real stock behind it. Tenev conceded last year these are "not technically equity." But they are a regulated broker dealer, who can really hold the stock, and match every token 1:1 with a real share. The difference is that a share in a brokerage account sits idle overnight. A token can be posted as collateral, lent, and moved through DeFi the moment you hold it. Meaning if you're buying a house and have a lot of stock, now you can use your stocks as collateral to borrow against. Something the wealthy always did, but never retail. Robinhood is building the next retail-investing system in 120 countries at once. The SEC decides whether the US builds its own, or plugs into someone else's. Want to know more? We'll have a 30 minute exclusive interview with the Robinhood head of crypto and international Johann Kerbrat on @TokenizedPod this Friday.