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Bags announces the launch of Robinhood Beta for token creators on Robinhood Chain

2026-07-14 00:37:23
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Bags announced the launch of Robinhood Beta for token creators

This Robinhood beta feature called "Launch on Robinhood" will be launched on BagsApp on July 11, 2026 and is currently in the beta stage. This Solana-based token issuance platform allows users to issue RH Chain-related tokens directly on Bags. RH Chain is Robinhood's own two-layer network, a blockchain built based on Arbitrum, which will be launched as a public main network on July 1, 2026.

Incident After

Bags, known on Solana for the ability to issue tokens associated with their social media accounts and earn shares of transaction volume, launched its "Launch on Robinhood" beta feature on July 11, 2026. News of the feature was subsequently reported by cryptocurrency commentator WuBlockchain on July 12. According to the platform, this feature uses a joint curve mechanism, which means that the token price will automatically increase as the number of buyers increases, rather than starting at a fixed price. There are no platform fees for issuing tokens through this feature-users only need to pay the Network Gas fee. Bags also stated that tokens issued in this way can subsequently be migrated to the decentralized exchange Uniswap v4, and creators can earn royalties from all transactions of their tokens, while supporting revenue sharing through the Robinhood Wallet.

Why is important

The platform has become one of the latest distribution platforms to connect to the network, which has attracted a large number of memin transactions since its main network was launched. RH Chain was originally built to tokenize real-world assets such as stock tokens, but memin activity made up the majority of its early trading volume. Connecting to distribution platforms like Bags provides creators with a simpler, code-less way to quickly create new tokens across the network. According to the announcement, the "Launch on Robinhood" feature operates differently from typical fixed-fee token offerings.

Function details

Information confirmed by Bags:

Pricing mechanism: Combined curve--The price automatically increases with the increase in the number of buyers
Platform fee for issuing tokens: None--Users only need to pay the network Gas fee
Migration options: Tokens can be migrated to Uniswap v4
Creator benefits: Earn royalties from all token transactions
Revenue Sharing: Support through Robinhood Wallet

Official Information

Platform: Bags, a Solana native token issuance platform
New feature: "Launch on Robinhood"-Early access support for issuing tokens on RH Chain
Feature launch on BagsApp: July 11, 2026
Current status: In early access mode
RH Chain launch date: July 1, 2026
RH Chain basic layer: Arbitrum
Arbitrum is an independent, mature two-layer network built on Ethereum. RH Chain runs on Arbitrum's technology stack, so the two networks are closely connected, even though RH Chain runs as a separate blockchain.

Neither Bags nor RH Chain issued a detailed joint statement on the integration except to confirm that the feature is online and in the early access stage.

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