Robinhood has officially launched the Robinhood Chain public testnet, an Ethereum Layer 2 network focusing on the tokenization of real-world and digital assets, aiming to accelerate the development of on-chain financial services. Developers can now build and validate applications based on the core infrastructure, with multiple infrastructure service providers already integrated and more partners joining in the early stages of the testnet. Robinhood stated that the public testnet lays the foundation for developers to explore potential, validate applications in advance, and prepare for the mainnet launch, promoting the tokenization of real-world assets and the access to DeFi liquidity. Robinhood Chain will reportedly support 24/7 trading, cross-chain bridging, and self-custody, covering application scenarios such as tokenized asset platforms, lending protocols, and perpetual contract exchanges.