Morning Minute is a daily newsletter written by Tyler Warner.
The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt
And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: – Crypto majors are very green as SOL jumps 10%; BTC +5% to $61.3k – Venice AI announces $65M raise at $1B valuation, creating crypto’s newest unicorn – Robinhood launches Robinhood Chain with tokenized stocks focus, Lighter perps – Lighter’s LIT jumps 15% to new local highs on back of Robinhood launch – Circle CEO Jeremy Allaire responds to OUSD, says consortium stablecoins have a poor track record 🏦 Robinhood Launches an ‘AI-Native’ Ethereum Layer-2 With Tokenized Stocks Robinhood launched the public mainnet of Robinhood Chain, an Arbitrum-powered Ethereum layer-2.
The company touts its new chain as “AI-native,” meaning it supports trading by AI agents directly onchain. The network opened with integrations from BitGo and Chainlink and partnerships with Uniswap and Pleiades for market-making, and it’s designed to bridge Robinhood’s traditional brokerage with its crypto stack. The centerpiece is Stock Tokens, onchain versions of shares in companies like Nvidia and Apple.