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CoinDesk·3 min read·medium

Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy

K
Krisztian Sandor
Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy
AI Summary

Arbitrum's native token surged 19% following the successful launch of the Robinhood Chain, which processed over $568 million in trading volume. The partnership provides a revenue-sharing model for the Arbitrum ecosystem, signaling strong early adoption for Robinhood's new crypto infrastructure.

Digital broker Robinhood's new chain is off to a flying start, and the benefits are trickling to Ethereum-based network Arbitrum.

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Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy — Headlinne — headlinne