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Barchart
Wajeeh Khan

HOOD Stock Alert: What to Know as Robinhood Rolls Out Public Blockhain

Robinhood (HOOD) stock is pushing higher on July 2 as investors cheer the official rollout of Robinhood Chain, an Ethereum Layer-2 blockchain designed for real-world assets. The mainnet launch arrives months after the financial technology company opened a public testnet in February.

Robinhood stock has been a lucrative investment in recent months, currently up a remarkable 77% versus its March low.

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