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Robinhood CEO Vlad Tenev is betting big on tokenization, calling it the future of finance. The brokerage is developing its own Ethereum layer-2 network and has already launched stock tokens in Europe.
- Robinhood's stock tokens provide synthetic exposure to private companies like SpaceX and OpenAI, currently available to European users.
- The SEC has warned that tokenized offerings must comply with securities laws, regardless of blockchain technology.
- Robinhood's tokenization strategy includes three phases: creating stock tokens, listing them on Bitstamp, and integrating them into DeFi protocols.
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Other Tags: bitstamp, FTX, Larry Fink, Mark Zuckerberg, Vlad Tenev, DeFi, Meta, OpenAI, Robinhood, SpaceX