π¨ JUST IN: @RobinhoodApp 's blockchain mainnet is live, and they're launching stock tokens and agentic trading in a new suite of DeFi earn products.
Live from London today, Robinhood put the full onchain-markets stack under one roof:
- Robinhood Chain, its own Layer 2 on Arbitrum, now on public mainnet
- "Stock Tokens in 120+ countries", trading 24/7 and usable as collateral in DeFi lending pools
- Crypto Earn: lend dollar-backed USDG at ~7% APY on Morpho, with cover through Lloyd's of London
- Commodity, ETF and FX perpetual futures in Europe (gold, oil, EUR/USD) at up to 10x leverage
The 120 companies does NOT include the USA.
The reason is securities law. Tenev handed the SEC a 42-page proposal last year asking for a tokenized-equity rulebook. Still no framework. So the product goes live across 120 countries before it reaches the market Robinhood was born in.
One detail to hold onto:
A "Stock Token" is a token that tracks a share's price, with Robinhood holding the real stock behind it. Tenev conceded last year these are "not technically equity."
But they are a regulated broker dealer, who can really hold the stock, and match every token 1:1 with a real share.
The difference is that a share in a brokerage account sits idle overnight. A token can be posted as collateral, lent, and moved through DeFi the moment you hold it.
Meaning if you're buying a house and have a lot of stock, now you can use your stocks as collateral to borrow against. Something the wealthy always did, but never retail.
Robinhood is building the next retail-investing system in 120 countries at once.
The SEC decides whether the US builds its own, or plugs into someone else's.
Want to know more?
We'll have a 30 minute exclusive interview with the Robinhood head of crypto and international Johann Kerbrat on @TokenizedPod this Friday.
Live from London today, Robinhood put the full onchain-markets stack under one roof:
- Robinhood Chain, its own Layer 2 on Arbitrum, now on public mainnet
- "Stock Tokens in 120+ countries", trading 24/7 and usable as collateral in DeFi lending pools
- Crypto Earn: lend dollar-backed USDG at ~7% APY on Morpho, with cover through Lloyd's of London
- Commodity, ETF and FX perpetual futures in Europe (gold, oil, EUR/USD) at up to 10x leverage
The 120 companies does NOT include the USA.
The reason is securities law. Tenev handed the SEC a 42-page proposal last year asking for a tokenized-equity rulebook. Still no framework. So the product goes live across 120 countries before it reaches the market Robinhood was born in.
One detail to hold onto:
A "Stock Token" is a token that tracks a share's price, with Robinhood holding the real stock behind it. Tenev conceded last year these are "not technically equity."
But they are a regulated broker dealer, who can really hold the stock, and match every token 1:1 with a real share.
The difference is that a share in a brokerage account sits idle overnight. A token can be posted as collateral, lent, and moved through DeFi the moment you hold it.
Meaning if you're buying a house and have a lot of stock, now you can use your stocks as collateral to borrow against. Something the wealthy always did, but never retail.
Robinhood is building the next retail-investing system in 120 countries at once.
The SEC decides whether the US builds its own, or plugs into someone else's.
Want to know more?
We'll have a 30 minute exclusive interview with the Robinhood head of crypto and international Johann Kerbrat on @TokenizedPod this Friday.
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