Robinhood Chain halted block production for at least 14 minutes on September 4, stalling transactions before activity gradually recovered. The two-month-old network has generated approximately $23 million in cumulative fees and accounted for 78.5% of layer-2 blockchain revenue over the past 30 days. AMC Entertainment publicly condemned Robinhood for creating tokens tracking its shares without the company’s involvement, CEO Adam Aron calling the practice unacceptable and threatening legal action. Despite this corporate pushback, the tokenized stock market has expanded more than eightfold over six months to roughly 2.6 million holders, with $6.4 billion in decentralized exchange volume over the past 30 days. The September 4 outage takes on added significance as Robinhood positions its chain as infrastructure for financial products trading onchain while expanding a Stock Token model that some referenced companies have openly rejected.
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