Robinhood plans to allow DeFi app users to use tokenized stocks without permission.

PANews reported on November 19th that, according to Cryptopolitan, Robinhood announced a three-phase plan to enable DeFi app users to use tokenized stocks permissionlessly, leveraging Arbitrum Stylus for compatibility. The final phase will make stock tokens completely permissionless, allowing users to use them across various dApps. AJ Warner, Head of Strategy at Offchain Labs, stated that Robinhood is laying the foundation for the transition of traditional finance to a permissionless ecosystem. The recent launch of tokenized stocks in Europe is the first step, covering approximately 800 publicly traded securities, with plans to expand into private equity.

Currently in Phase One, EU users can buy tokenized shares within the app, but cannot transfer them out; they are for in-app use only. Phase Two focuses on infrastructure, leveraging the acquired Bitstamp to enable 24/7 trading of stock tokens, breaking traditional trading time limitations. In Phase Three, users and DeFi protocols will be free to use permissionless tokens, such as buying Apple tokenized shares and using them as collateral. This marks a shift in retail investment methods, with tokenized shares becoming programmable modules in the open financial system; this phase represents a long-term strategic move.