Robinhood explains building an Ethereum layer-2: 'We wanted the security from Ethereum'

Robinhood has announced its decision to build an Ethereum layer-2 solution to enhance security and scalability for its users. The platform aims to leverage Ethereum's robust security features while improving transaction speeds and reducing costs. This move is part of Robinhood's broader strategy to expand its cryptocurrency offerings and provide a better trading experience. The company emphasizes that the layer-2 solution will allow for faster and more efficient transactions without compromising on security.

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