Robinhood CEO: 24/7 stock token trading and DeFi services will be available in the coming months.

Notizie in breve

Robinhood CEO Vlad Tenev believes traditional stock markets face real-time settlement challenges due to outdated systems and numerous legacy intermediaries; therefore, tokenization presents a viable solution. Across Europe, the platform has introduced over 2,000 tokens representing US-listed stocks, which allows European investors to gain exposure to American companies while earning dividends. Moving forward, Robinhood aims to facilitate 24/7 stock token trading alongside DeFi capabilities—empowering investors to custody their tokens directly and engage in lending, staking, and related financial activities.

PANews reported on January 28th that Robinhood CEO Vlad Tenev stated that real-time settlement has been difficult to achieve in traditional stock markets due to the need to manage numerous legacy stakeholders. Tokenization has emerged to address this challenge. In Europe, Robinhood has launched over 2,000 tokens representing US-listed stocks. These tokens allow European traders to invest in US stocks and earn dividend income. In the coming months, Robinhood plans to launch 24/7 stock token trading and DeFi services, allowing investors to self-custody their stock tokens and engage in lending, staking, and other operations.