Why Arbitrum Won Over Robinhood + A $59 Million Polymarket Controversy - Ep. 863
Episode publishedPodcast: UnchainedUnchained
Transcript preview
Preview only
What can Unchained do for you? We wanna know. Fill out our survey so we can serve you better, and you might win a free one year subscription to Bits and Bips Premium. Visit unchainedcrypto.com/survey. That is unchainedcrypto.com/survey, or check out the show notes for this episode. I
think that that's a short term problem because I actually think that we're at a zero to one moment here. And as we look long term, more and more of this is actually going to come, you know, natively on chain. Flav was on CNBC last week, and he basically said, if you use crypto as the next evolution here. Right? So we started off with pen and paper, you know, went to, mainframe, you know, on-site eventually, obviously, all the way to crypto. And I'm sure when people move from pen and pen pen and paper to computerized, for some friction there as well. The pen and paper couldn't keep up as well,
Hi, everyone. Welcome to Unchained, your no high resource for all things crypto. I'm your host, Laura Shin. Heads up. We have a doubleheader today with two back to back interviews. So after the first interview with Stephen Goldfeder of Op Chain Labs, who spoke about the Robinhood deal, we'll also hear about a $59,000,000 controversy on Polymarket. We love reading your listener comments, and we feature them in every episode. Today, we have a comment from Potenz on x, writing in response to our episode with Haseu and Vasili about Lido's launch of dual governance. Potence wrote, dual governance i
Thanks, for having me. It's great to be here.
So the big news, Robinhood is going to be launching perpetual swaps, tokenized stocks, and its own chain. And while the crypto world has for a long time been working on getting people on chain, it now looks like the rest of the world has caught on that this is going to be a thing. And so we're starting to see that this is starting to happen in a much bigger way. And, you know, what we know in the crypto world is that there's, like, a competition in the backgrounds to be the rails for that onboarding. So it was a big deal for Arbitrum that Robinhood has chosen to initially launch on Arbitrum on
think it comes down to a few things. Number one is the maturity and the security of the arbitral tech stack. It's some it's a tech stack that can support the scale of the likes of Robinhood and has been running in production for for years and has a proven track record. But secondly, relatedly, but but different is also the flexibility. So Robinhood announced and when they announced, they actually went live immediately with their tokenized stocks and ETFs on Arbitrum one. And they also announced plans to, as you said, migrate to their own Arbitrum chain, the Robinhood chain. And Arbitrum is act
So, you know, as we've been talking about with this tech stack, you know, one of the appeals of it is that it enables the, company, in this case, Robinhood, to offer, or or to, you know, customize it to their own liking. And so why don't you kind of, like, walk us through some of the different types of customizations that, Arbitrum Orbit offers?
So there are two different types of customizations. They're what I like to call out of the box customizations, and these are basically customizations that we directly support. And examples of this are custom gas tokens. So when you set up an arbitrum chain, arbitrum one uses Ethereum, ETH as its gas token, but you can actually use a stable coin or your own token as the gas token of that chain. So it's an out of the box customization in the sense that we give you this, you know, fill in the blank here and tell us which
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.