Robinhood CEO dropping spicy takes on tokenized stocks 🔥
His stance: Issuers shouldn't get veto power over their tokenized versions. Translation? He wants tokenization to happen with or without the company's blessing.
This is actually massive for the RWA narrative. If tokenized stocks can exist independently of issuer approval, we're talking about permissionless equity markets. No more gatekeeping from traditional finance.
But let's be real - this opens a can of regulatory worms. SEC already hates crypto. Now imagine tokenized $TSLA or $AAPL trading 24/7 without company control. Lawsuits incoming.
Still, bullish signal for RWA infrastructure plays. Watch $ONDO $TRU and other tokenization protocols. If this narrative catches fire, they're first in line.
His stance: Issuers shouldn't get veto power over their tokenized versions. Translation? He wants tokenization to happen with or without the company's blessing.
This is actually massive for the RWA narrative. If tokenized stocks can exist independently of issuer approval, we're talking about permissionless equity markets. No more gatekeeping from traditional finance.
But let's be real - this opens a can of regulatory worms. SEC already hates crypto. Now imagine tokenized $TSLA or $AAPL trading 24/7 without company control. Lawsuits incoming.
Still, bullish signal for RWA infrastructure plays. Watch $ONDO $TRU and other tokenization protocols. If this narrative catches fire, they're first in line.