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robinhood just executed the most aggressive tradfi-to-crypto infrastructure play we've seen launched 213 tokenized stocks/etfs on arbitrum for eu customers. 24/7 trading at $0.03 per transaction. 1,105 tps with 16-minute finality but here's the real move: they're building
Robinhood $HOOD isn’t building the Robinhood Chain just for themselves: they want others to use it to bring real-world assets onchain. “…they're really positioning this chain as the home and a leading place to launch RWAs” From the @Unchained_pod podcast
robinhood is doing tokenization of US equities offshore and on its own blockchain… they are daring the SEC to try to stop them this great piece from our newsletter this week breaks down what $HOOD is doing to try to build an entire tokenization stack
JUST IN: ROBINHOOD’S TOKENIZED ASSET PUSH COULD TURN WALL STREET EXCHANGES INTO MERE CUSTODIANS, ANALYSTS WARN. Source: @DLNewsInfo
🚨 @RobinhoodApp plan to tokenize stocks on its new #Ethereum-compatible #blockchain could pull trading volume away from traditional exchanges like the #NYSE — threatening their core revenue streams, according to Galaxy Digital. Read more 👇
robinhood just executed the most aggressive tradfi-to-crypto infrastructure play we've seen launched 213 tokenized stocks/etfs on arbitrum for eu customers. 24/7 trading at $0.03 per transaction. 1,105 tps with 16-minute finality but here's the real move: they're building
Robinhood $HOOD isn’t building the Robinhood Chain just for themselves: they want others to use it to bring real-world assets onchain. “…they're really positioning this chain as the home and a leading place to launch RWAs” From the @Unchained_pod podcast
🚨 @RobinhoodApp plan to tokenize stocks on its new #Ethereum-compatible #blockchain could pull trading volume away from traditional exchanges like the #NYSE — threatening their core revenue streams, according to Galaxy Digital. Read more 👇
