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Robinhood CEO: Tokenization is a major innovation in capital markets

CNN · Just In
CNN
CNN
Just In

Robinhood CEO Vlad Tenev says sectors like art and real estate could be tokenized and made available on blockchain.

BreakdownGenerated by LeadStory AI
  • Vlad Tenev calls tokenization the biggest innovation in capital markets since the central limit order book.
  • Robinhood launched stock tokens for over 200 public companies and private firms like OpenAI and SpaceX. 29s
  • The tokens are backed one-for-one by underlying assets to ensure real exposure for customers. 1m 18s
  • Tokenization could be expanded to assets such as art and real estate, increasing access to illiquid investments. 1m 49s
  • Tenev addressed regulatory questions, emphasizing the difference between tokenized assets and betting. 2m 9s
Crypto