Robinhood has launched its Ethereum layer-2 blockchain, Robinhood Chain, built with Arbitrum technology. The network supports tokenized real-world assets like stocks and ETFs, and integrates with DeFi applications, aiming to expand financial ownership globally.
While Bitcoin ETFs attract attention, dozens of obscure institutional products are emerging, allowing Bitcoin to be used like Treasuries and gold: pledged for loans, posted as margin, held as insurance reserves, and built into corporate balance sheets, indicating a shift beyond speculation into core financial machinery.
Press reports on the King's Speech largely ignored the proposed Financial Services Bill, which aims to downgrade the Financial Ombudsman Service (FOS) under the guise of "modernisation." Critics argue this reflects industry lobbying, as consumers lack the organized influence of financial firms.
Payward (Kraken) and Franklin Templeton collaborate to bring traditional financial products to blockchain, including tokenized equities, yield products, and money market funds, bridging Wall Street and crypto markets.
