Arbitrum

Robinhood

The token for the Ethereum layer-2 blockchain, Arbitrum, gained 17% over the day amid speculation that the network will announce a partnership with US trading platform Robinhood Markets Inc. on Monday.
Robinhood <a href="https://x.com/RobinhoodApp/status/1939313739326537800" rel="noopener noreferrer nofollow" target="_blank">posted</a> to X on Sunday that Ethereum co-founder <a href="https://cointelegraph.com/learn/articles/who-is-vitalik-buterin" rel="noopener noreferrer nofollow">Vitalik Buterin</a>, Robinhood Crypto general manager Johann Kerbrat, and A.J. Warner, the chief strategy officer at Offchain Labs — which created and develops <a href="https://cointelegraph.com/learn/articles/arbitrum-the-next-generation-layer-2-for-ethereum" rel="noopener noreferrer nofollow">Arbitrum</a> — would come together for a fireside chat on Monday.
The chat will take place at a Robinhood Europe-hosted event in Cannes, France, which the firm markets as unveiling its “biggest crypto announcements of the year.”
<h2 id="robinhood-talks-with-arbitrum-solana-leaked-in-may">Robinhood talks with Arbitrum, Solana leaked in May</h2>
Speculation around a tie-up with Robinhood and Arbitrum follows a May 8 Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-05-07/robinhood-said-to-plan-blockchain-to-trade-us-assets-in-europe" rel="noopener noreferrer nofollow" target="_blank">report</a> that Robinhood was developing a blockchain platform to allow European investors to trade US stocks.
Arbitrum and Solana were the blockchains reportedly under consideration for the partnership, but the talks were ongoing and not finalized at the time.
“Looks like Robinhood chose Arbitrum,” former <a href="https://cointelegraph.com/news/ai-presents-huge-opportunity-ethereum-eth-dev" rel="noopener noreferrer nofollow">Ethereum core dev</a> Eric Connor <a href="https://x.com/econoar/status/1939384575761023037" rel="noopener noreferrer nofollow" target="_blank">wrote</a> on X.
<figure><img src="https://s3.cointelegraph.com/uploads/2025-06/0197bea4-59bd-71fc-8992-21bca3549783" title="" alt="Arbitrum jumps 17% on speculation of partnership with Robinhood">
 <figcaption style="text-align: center;">Source: <a href="https://x.com/AvgJoesCrypto/status/1939342652882681893" rel="noopener noreferrer nofollow" target="https://x.com/AvgJoesCrypto/status/1939342652882681893">AJC</a>
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“Pure speculation, but imo [in my opinion] Ethereum + Arbitrum + RH only means one thing. Robinhood going to announce its chain tomorrow,” <a href="https://x.com/TheOneandOmsy/status/1939352417918943661" rel="noopener noreferrer nofollow" target="_blank">said</a> Omar Kanji, partner at venture firm Dragonfly.
<h2 id="arbitrum-gains-17-on-robinhood-partnership-rumor">Arbitrum gains 17% on Robinhood partnership rumor</h2>
The Arbitrum (<a href="/arbitrum-price-index" rel="noopener noreferrer nofollow">ARB</a>) token has gained 17.1% in the last 24 hours to trade at just over 36 cents, and is the crypto market’s biggest gainer in the last day, <a href="https://www.coingecko.com/en/coins/arbitrum" rel="noopener noreferrer nofollow" target="_blank">according</a> to CoinGecko.
ARB climbed from around 31 cents at the time of Robinhood’s X post to hit an intraday high of 38.6 cents eight hours later at 10:30 pm UTC on Sunday.
<figure><img src="https://s3.cointelegraph.com/uploads/2025-06/0197bea4-6049-7fe7-bf4a-c60221afe366" title="" alt="Arbitrum jumps 17% on speculation of partnership with Robinhood">
 <figcaption style="text-align: center;">Arbitrum had the biggest 24-hour gain in the crypto market amid rumours of a partnership with Robinhood. Source: <a href="https://www.coingecko.com/en/coins/arbitrum" rel="noopener noreferrer nofollow" target="https://www.coingecko.com/en/coins/arbitrum">CoinGecko</a>
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Related: <a href="https://cointelegraph.com/news/crypto-exchange-gemini-tokenized-stock-michael-saylor-strategy-mstr" rel="noopener noreferrer nofollow">Gemini launches tokenized Michael Saylor's Strategy stock for EU investors</a>
The token is still down nearly 50% so far this year and has lost 85% of its value since its peak high of $2.39 in January 2024.
<h2 id="robinhood-shares-up-overnight">Robinhood shares up overnight</h2>
Shares in Robinhood Markets (HOOD) also saw a lift overnight amid the speculation, as traders are seemingly bullish on the <a href="https://cointelegraph.com/news/robinhood-launches-bitcoin-solana-xrp-micro-futures" rel="noopener noreferrer nofollow">expected announcements</a> the platform will make on Monday.
HOOD is up around 1.65% in overnight trading to $84.26 after closing trading on Friday at $83.03, according to 24-hour <a href="https://www.etoro.com/markets/hood.ext" rel="noopener noreferrer nofollow" target="_blank">markets</a> on rival eToro and Robinhood’s own <a href="https://robinhood.com/us/en/stocks/HOOD/" rel="noopener noreferrer nofollow" target="_blank">platform</a>.
Magazine: <a href="https://cointelegraph.com/magazine/tradfi-building-ethereum-l2s-tokenize-trillions-rwas-inside-story/" rel="noopener noreferrer nofollow">TradFi is building Ethereum L2s to tokenize trillions in RWAs — Inside story</a>

Arbitrum jumps 17% on speculation of partnership with Robinhood

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