Tokenized $COIN now available on Robinhood Chain as platform bridges equities and DeFi

You can now trade a tokenized version of Coinbase stock on a blockchain built by the company that once made it free to trade stocks. Robinhood has added a COIN token to its freshly launched Layer 2 chain, bringing one of crypto’s most prominent publicly traded companies into the tokenized equities fold.

What Robinhood Chain actually is

Robinhood Chain went live as a public mainnet on July 1, 2026. It’s an Ethereum-compatible Layer 2 built on Arbitrum, designed specifically for trading tokenized versions of real-world assets.

The tokenized COIN has been deployed at contract address 0x6330D8C3178a418788dF01a47479c0ce7CCF450b. It joins a roster of other equity tokens representing major companies like Nvidia, Apple, and Tesla.

These aren’t actual shares. They’re tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They give holders economic exposure to the underlying stock’s price movements, but they don’t confer ownership rights in the company itself.

The tokens are accessible through the Robinhood Wallet and through DeFi protocols. Users can lend them via Morpho or trade them on Uniswap. Trading is available around the clock for eligible users. The platform is accessible in over 120 countries as of the mainnet launch.

The long road to tokenized equities

Robinhood first began testing its blockchain infrastructure in February 2026, with testnet activity preceding the full public launch by several months. The company’s initial foray into tokenized stocks dates back to June 2025, when it introduced its first tokenized US equities targeting European users. The July 2026 mainnet launch represents the full-scale infrastructure play.

What this means for investors

The 24/7 trading angle means traders can react to earnings reports, regulatory announcements, or market shocks in real time rather than waiting for the opening bell. Being able to lend a tokenized equity token on Morpho or provide liquidity on Uniswap opens up yield strategies that don’t exist in traditional finance.

These tokens are debt securities, not equity. Counterparty risk sits with Robinhood Assets (Jersey) Limited. Availability in 120 countries doesn’t mean regulatory clarity in 120 countries.

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