Robinhood's Tenev Sees Crypto and Finance Merging

Expansion and Tokenization - Robinhood is live in 31 countries across the EU, expanding its reach [1] - Robinhood's stock tokens aim to provide EU customers exposure to U S equities [1] - The company believes crypto and traditional finance will fully merge, with technology underpinning tradable assets [2] - Robinhood is developing its own blockchain, the Robin Hood chain, optimized for real-world assets [3][4] Staking and Utility - Staking is live in the European Union and now available in the U S, allowing users to earn yields on Ethereum and Solana [6][7] - The company aims to move beyond Bitcoin and meme coins, focusing on tokenization of real-world assets with utility [10] - Crypto technology will become the infrastructure layer for financial services, including payments and investments [11][12] Regulatory Landscape - The company believes the SEC has the authority to make tokenization of securities happen [15] - Current accreditation standards shut out over 80% of the population from private company investments, requiring reform [15]