Omar Profile picture
Jun 30 1 tweets 1 min read Read on X
And there it is, Robinhood coming on chain + announcing a bunch of new product features:
- Launching tokenized equities (200+ names) starting w/ the EU - 24/5 trading and dividend payments flowing directly into the app
- Tokenized equities will be issued initially on Arbitrum and subsequently on HOOD's own L2
- Separately launching perps to EU users (interestingly perps will be routed through Bitstamp)
- Announced US staking for ETH & SOL (long-time coming)
- Also dropped that Robinhood gold card rewards can be used to auto-purchase crypto starting in the fall

Congrats to the team and great news for the spaceImage

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More from @TheOneandOmsy

Jan 2, 2024
Misc Predictions for ‘24 - Crypto
1. Rates Lower but Higher
- Market is pricing in some serious cuts in ‘24 with a ~80% chance of rates ending sub 4%
- I’m on the less aggro side and say we end ‘24 north of 4% but sub 5%
- I’m betting inflation is sticky on the way down and the fed will have trouble cutting Image
2. Crypto Market Cap >$2T
- Trustless financial systems will only become more valuable (esp with lower rates)
- Global conflict, migrant flows, inflationary fiat, and fallible banking systems are all tailwinds
- Crypto market cap sits at $1.7t today and is headed higher Image
Read 12 tweets

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