Robinhood just told AMC to kick rocks on their request to halt stock tokenization.
This is bigger than it looks. Traditional equities meeting crypto rails = the old guard losing control of their own instruments.
AMC wanted RH to stop tokenizing their shares. RH said no. Why? Because once assets go on-chain, the issuer doesn't get to dictate the secondary market anymore.
This sets a precedent:
• Stock tokens aren't going away
• Platforms > Issuers in crypto infrastructure
• Equity tokenization is the next frontier after RWAs
Bullish for anything touching equity tokenization infrastructure. Watch $INJ $ONDO and similar RWA plays.
The floodgates are opening.
This is bigger than it looks. Traditional equities meeting crypto rails = the old guard losing control of their own instruments.
AMC wanted RH to stop tokenizing their shares. RH said no. Why? Because once assets go on-chain, the issuer doesn't get to dictate the secondary market anymore.
This sets a precedent:
• Stock tokens aren't going away
• Platforms > Issuers in crypto infrastructure
• Equity tokenization is the next frontier after RWAs
Bullish for anything touching equity tokenization infrastructure. Watch $INJ $ONDO and similar RWA plays.
The floodgates are opening.