Arbitrum’s recent statement highlights a major financial milestone: the official mainnet launch of the Robinhood Chain. Built using Arbitrum’s Orbit technology and secured by the Ethereum blockchain, this dedicated Layer 2 network bridges traditional retail finance with Web3, bringing millions of Robinhood users directly on-chain to trade tokenised real-world assets,
The post Kalshi Eyes Derivatives Offering Beyond Crypto, Rivaling Robinhood appeared on BitcoinEthereumNews.com.
The prediction markets platform, Kalshi, is gaining notable traction as it focuses on expanding its derivatives offering beyond crypto. According to the latest update, the firm is reportedly seeking a regulatory nod to roll out derivatives products linked to real-world assets like gold, foreign exchange, and energy. Notably, a flurry of market watchers also view this update from Kalshi as a potential move to compete with the leading online brokerage platform, Robinhood. For context, the latter has recently accelerated its expansion into multi-asset derivatives, which has caught the eyes of traders. Kalshi Expands Derivatives Foothold Beyond Crypto Kalshi has already made headlines by entering the crypto perpetual futures market, becoming one of the first regulated US platforms to offer the product. Now, the company wants to replicate that strategy across traditional asset cl
The post Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto appeared on BitcoinEthereumNews.com.
For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example of that increasing decentralization, and the number of nodes participating in representing Ethereum.” Operating outside the foundation also gives the organization greater freedom, Walsh said. “We feel like we have a lot more autonomy and freedom to work as an independent entity,” he said. “We can get a bit more opinionated, and a bit more aggressive, in terms of being able to support these teams.” For years, the Ethereum Foundation has walked a careful line in how much influence it exerts over the ecosystem. Its mandate has larg
The post Arbitrum to Capture 10% of Fees From Robinhood Chain appeared on BitcoinEthereumNews.com.
Offchain Labs co-founder Steven Goldfeder says every Arbitrum-based Layer 2, not just Arbitrum One, will now route a fee cut back to the ARB treasury. Arbitrum will collect 10% of fees generated on Robinhood Chain and every other Layer 2 built on its technology stack, Offchain Labs co-founder Steven Goldfeder said Wednesday on X. Of that cut, 8% goes to the tokenholder-controlled Arbitrum treasury and 2% funds development, he said. Goldfeder framed the fee-sharing model as a revenue play tied to enterprise growth. “As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue,” he wrote, adding that Arbitrum One, the flagship rollup, sends 100% of its own fees to the treasury. The disclosure clarifies how Arbitrum’s Orbit framework, the toolkit third parties use to launch custom Layer 2 and Layer 3 chains on Arbitrum’s stack, monetizes for ARB holders beyond the bas
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
The post Swift Readies Ledger for 24/7 Token Transfers—Though True Settlement Is Stuck on Old Rails appeared on BitcoinEthereumNews.com.
In brief Swift’s pilot allows 17 global banks to transfer tokenized deposits on weekends, but ultimate settlement still relies on legacy, business-hour systems. Participating institutions include major Global Systemically Important Banks such as Citi, HSBC, BNY, and Wells Fargo. Though built with Ethereum-compatible architecture, the blockchain-based ledger remains a largely centralized network. Swift, the financial gatekeeper connecting thousands of banks across the globe, said on Thursday that a dozen-plus institutions are preparing to use its “blockchain-based ledger.” The member-owned cooperative, which has functioned as the traditional financial system’s backbone for decades, expects 17 banks across six continents to participate in a pilot program involving the exchange of tokens that represent deposits, according to an announcement. Highlighting
The post MARA bets big on Texas AI hub as shares outperform crypto peers appeared on BitcoinEthereumNews.com.
MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. Summary MARA has acquired a 1,200-acre powered site in Texas with up to 2 GW of planned grid capacity. The company plans to build an AI and high-performance computing campus alongside Bitcoin mining operations. MARA shares jumped more than 12% after the announcement, extending gains to over 45% this year. According to a company press release, MARA has signed a definitive agreement to acquire the Texas property from HIF. The site is expected to provide access to an initial 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The company said the location is designed to
