Robinhood's Ethereum Layer 2 network transaction volume exceeded 200 million
Robinhood's Ethereum Layer 2 network has only been launched for more than a month, and the transaction volume has exceeded 200 million. The head of the company's cryptocurrency business said that the secret to its success lies in carefully balancing institutional products with the memecoin culture.
In July 2026, Robinhood CEO Vlad Tenev posted a post on the X platform with the caption "Why can't we have both?" It also attached a picture quoting the classic "Double Wolf" meme, which sparked heated discussions. Johann Kerbrat, senior vice president and general manager of Robinhood's crypto business, said in an interview with FOMO Hour on Friday that the post accurately captured the company's product philosophy.

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