Robinhood and Arbitrum have announced a collaboration that simplifies the path to Layer 2s (L2s) by giving Robinhood Wallet users access to Arbitrum swaps through decentralized exchanges.
By opening access to Arbitrum’s advanced scaling solutions, Robinhood Wallet users can now take advantage of low transaction costs and fast transaction speeds on one of the most popular networks in the crypto ecosystem. In the coming months, Robinhood and Arbitrum will work together to support access to cross-chain swaps and other campaigns that lower the barriers to use web3 on Robinhood Wallet.
“Ethereum gas fees are an essential part of securing the network, but these same fees can hinder adoption,” said Johann Kerbrat, General Manager of Robinhood Crypto. “Layer 2s like Arbitrum, which is currently the leading chain by total-locked value, help solve this problem…
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