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Jacquelyn Melinek reports that Robinhood made several announcements today, including the launch of its blockchain on mainnet. The company also unveiled tokenized stocks and agentic trading within a new DeFi earn suite. At the same time, Robinhood's DEX offering has been rebranded to Arcus, debuting as Robinhood's decentralized exchange. These developments come as Robinhood saw its crypto transaction revenue fall by 47%.
Melinek previously reported on a tense discussion over token supply strategies at a Paris dinner, highlighting candid views among crypto project leaders in that coverage. She has also argued for keeping U.S. markets open 24 hours daily, describing current access as limited as weekends begin in a recent article. These topics reflect ongoing debates about market structure and trading accessibility.