Robinbridge Joins Robinhood Ecosystem With 0.5% ETH Bridge Fee

Robinbridge announced on July 23 that it has joined the Robinhood ecosystem and launched a real-time ETH bridge from Robinhood Chain to the Ethereum mainnet at a 0.5% fee. According to Odaily, the company said the move is aimed at reducing the cost of moving assets from Robinhood Chain back to the Ethereum mainnet and other networks.

Robinhood Chain is an Ethereum layer-2 network that Robinhood launched on July 1. According to Odaily, more than $70 million in ETH bridging was completed in the network's first week.