Phantom Wallet, one of the largest self-custody wallets in crypto, has added support for Robinhood Chain, an Ethereum Layer 2 (L2) network that brings tokenized real-world assets and decentralized finance (DeFi) into a single interface. On July 23, 2026, Phantom announced that users can now view balances, send and receive tokens, swap assets, and bridge funds on Robinhood Chain directly from their existing wallet without creating a new account.

What Is Robinhood Chain and Why Does It Matter?

Robinhood Chain is a permissionless Ethereum Layer 2 network built on Arbitrum's Orbit stack, launched on July 1, 2026. Unlike traditional blockchains, Layer 2 networks process transactions on a secondary chain while settling them on Ethereum, reducing fees and increasing speed. Robinhood Chain runs at 100-millisecond block times with Ethereum (ETH) as its native gas token and full Ethereum Virtual Machine (EVM) compatibility, meaning it can run any application designed for Ethereum.

The network's flagship product is Stock Tokens, on-chain instruments that provide price exposure to publicly traded companies including NVIDIA, Apple, and Google. These tokens are available in over 120 countries outside the United States, opening a new frontier for tokenized securities in DeFi. During its first week of operation, Robinhood Chain processed over 17 million transactions, attracted more than 350,000 active addresses, and generated over $1 billion in decentralized exchange (DEX) volume.

How to Enable Robinhood Chain in Phantom Wallet

• Update Your Wallet: Ensure you have the latest version of Phantom installed on your device to access the new network support.
• Access Network Settings: Open Phantom, navigate to Settings, and select Active Networks from the menu options.
• Enable Robinhood Chain: Find Robinhood Chain in the network list and toggle it on to begin using the network.
• Acquire ETH for Gas Fees: Since Robinhood Chain uses ETH for transaction fees rather than SOL (Solana's token), you will need to bridge or acquire ETH on the network before initiating transactions.

Users manage Robinhood Chain through their existing EVM wallet address in Phantom, the same address that already works for Ethereum, Base, and Polygon. No new wallet creation is required.

What Can Users Do on Robinhood Chain Through Phantom?

Phantom's integration supports the full suite of basic asset management actions on Robinhood Chain. Users can view token balances across the network, send and receive tokens to other addresses, swap supported assets through integrated decentralized exchanges, and bridge assets in or out of Robinhood Chain to other networks.

Day-one DeFi protocols on Robinhood Chain included Uniswap, Lighter, 1inch, Rialto, and Arcus, providing users with multiple options for trading and liquidity provision. A deeper integration between Phantom and Robinhood's native wallet is planned for later in 2026, which would allow users to control assets across both applications while trading on-chain.

Why Does This Integration Matter for Ethereum and Multi-Chain Users?

Phantom's addition of Robinhood Chain support represents a significant expansion of the wallet's multi-chain footprint. The wallet now supports nine networks, including Solana, Ethereum, Base, Polygon, Sui, Monad, Bitcoin, HyperEVM, and Robinhood Chain. This positions Phantom as a gateway between Solana's native user base and Ethereum's Layer 2 ecosystem, particularly for users interested in tokenized securities and DeFi applications.

For Robinhood Chain, gaining Phantom as a supported wallet extends its reach significantly. Robinhood documents its own mobile wallet and MetaMask as the primary wallet options for the chain, but Phantom brings a user base that arrived through Solana and has experience navigating multi-chain DeFi. The Robinhood platform counts approximately 28 million customers across 38 countries, and Phantom's integration provides those users with a familiar interface to access tokenized stock trading.

Phantom is the second Solana-connected wallet to add Robinhood Chain support. Backpack, another Solana-origin wallet, integrated Robinhood Chain on July 12, 2026, adding discovery, swap, and bridge capabilities. Phantom's integration now extends that feature set to include send and receive functionality.

What Are the Limitations and Next Steps?

Stock Tokens on Robinhood Chain are not available to users based in the United States, limiting the immediate addressable market for US-based Phantom users interested in tokenized securities. Additionally, users who want to bridge assets from Solana or other networks will need to acquire ETH on Robinhood Chain before initiating any transactions, since the network uses ETH rather than SOL for gas fees.

The broader integration between Phantom and Robinhood Wallet, which would enable seamless asset control across both applications, remains scheduled for later in 2026 and has not yet launched. This future capability could further streamline the user experience for those managing assets across multiple platforms.

Phantom's support for Robinhood Chain reflects a broader trend in the wallet ecosystem: following significant user activity and DeFi volume to emerging networks. By treating Robinhood Chain as one network among nine, Phantom maintains its multi-chain positioning while signaling confidence in the Layer 2's ability to attract sustained developer and user engagement.