$HOODB is paid back.
This is also a long-term target, and I’m very optimistic about its future potential.
From the industry environment this year, there’s no dispute that tokenization of stocks is the future trend—and it has already begun.
Here we need to think about one question: when non-crypto users come into this space, will they really download crypto wallets? Understand things like L1 and L2? I don’t think so—those should be irrelevant to them.
The real situation should be similar to Binance’s existing users. I want to buy coins, buy an Apple—so I just open Binance. The same applies to Coinbase, and Robinhood users as well.
For users on other terminals, their terminals also provide similar needs, and everything else is equally deep and complete for users. Then users definitely won’t go to new platforms to open accounts. If those terminals don’t offer it or don’t meet their needs, they naturally end up using a platform that has already formed mindshare with the market.
For example, if a non-crypto user wants to use an on-chain DEX, or if we introduce a DEX to them, their first choice would be Uniswap—not others.
That’s the logic behind Robinhood.
This means that existing crypto users’ terminals—Coinbase, Binance, Robinhood, and Uniswap—could all potentially become the next generation of financial super-apps.
But for now, Robinhood clearly has an advantage. It already has tens of millions of traditional stock users—reportedly 20 million. Plus, in this period, its Robinhood Chain has been rolled out, and based on the data, it’s indeed doing very well. This can also be seen as a result of a strong partnership with Uniswap.
#Robinhood #uniswap