US EditionRobinhood Enables 24/7 Trading With Tokenized Stocks
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Robinhood to Introduce DeFi Access, Lending, and Staking Features in the Coming Months
Quick take: Robinhood CEO Vlad Tenev cited the current SEC leadership’s willingness to embrace innovation and facilitate experimentation with tokenization as a major boost to its plans. He also thinks that the CLARITY Act, a crypto legislation currently in Congress, will play a crucial part in ensuring future SEC administrations continue the same path and write modern rules for embracing tokenized equities. According to Tenev, legislation would…
Robinhood CEO has revealed plans to enable the trading of tokenized shares 24/7 and more functions, on the 5th anniversary of the GameStop case and as a solution to avoid future similar interruptions. *** Robinhood plans to launch tokenized actions 24/7 to avoid cases like GameStop. It’s been 5 years since Robinhood interrupted GameStop’s trade in the midst of volatility. CEO Vlad Tenev recalled events and defended tokenization as a solution. He…
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