RT Timmy Shen (@timmyhmshen)Peter Kerstens, an adviser to the European Commission, told me today that the Commission is on track to present proposals in December regarding the Savings and Investment Union, which would include #tokenization elements. @TheBlock__ ...

RT Ben Grossman (@ben_grossman)Ondo tokenized stocks coming to the top 3:Ethereum, Solana, BNB ...

@cz_binance @ellazhang516 @yzilabs @lista_dao @AssetoFinance Rounding up with our third and final panel—a future-looking discussion on onchain finance and tokenization, featuring:– Gloria He of @StraitsX– Bella of @Paimon_Finance– Matt Ye of @LorenzoProtocol– Chagri Poyraz of @osldotcomModerated by Scarlett Zhang of @TrustWallet https://t.co/OxuJwWyFyb ...

Tokenization & On-Chain Finance - Libeara 和 FundBridge Capital 在 Avalanche 上推出 ULTRA，这是一个完全代币化的美国国债策略[1] - ULTRA 将受监管的机构级国债风险敞口完全引入链上，结合了合规性、规模和效率[1] Platform & Technology - Avalanche 是资本以机构规模连接代币化基金的平台[1]

Regulatory Stance - FED Gov Waller 认为智能合约、代币化和分布式账本在日常使用中没有风险 [1] - 下一位潜在的 FED 主席公开看好以太坊 [1] Technology & Innovation - 智能合约、代币化和分布式账本技术受到关注 [1]

Talent Acquisition - Crypto is attracting a higher caliber of talent from established firms like Stripe, Revolut, MasterCard, Visa, private equity, funds, and traditional asset managers [1] - This new wave of talent is less driven by ideology and more focused on identifying opportunities and capitalizing on market inefficiencies [1] Market Outlook - The next venture vintage is expected to be highly successful in areas like tokenization, stablecoins, payments, remittances, RWAs, and crypto neobanks [1] - This influx of talent should be very bullish for mainstream adoption of crypto [2] - The focus is shifting towards "boring stuff" that generates the most profit [2]

Core Insights - Robinhood has experienced significant growth, with its stock surging 810% since the beginning of 2023, marking a remarkable turnaround from previous struggles [1][2] Company Growth and Strategy - Under CEO Vlad Tenev's leadership, Robinhood is transforming into a global trading platform aimed at the next generation of investors [2] - The company's total platform assets have increased from $62 billion at the end of 2022 to $298 billion as of July 31, showcasing substantial growth [4] - Robinhood has successfully attracted customers through its appealing annual percentage yield (APY) and its subscription service, Robinhood Gold, which charges $5 per month or $50 per year [6][7] Product Expansion - The company is enhancing its trading platform with Robinhood Legend, targeting active traders and expanding its range of tradable products, including index options and futures [9] - Robinhood is introducing event-based contracts, allowing users to bet on various outcomes, which aligns with the growing trend of prediction markets [10] - The company is pursuing tokenization, converting traditional financial assets onto blockchain technology, and has recently announced tokenization of OpenAI and SpaceX for European users, providing retail investors indirect exposure to private markets [12][13] Financial Performance - Robinhood reported a positive GAAP earnings per share (EPS) of $0.95 last year, with analysts projecting an EPS of $1.60 for the current year [14] - The stock is currently priced at 69 times this year's projected earnings, indicating a high valuation and potential for significant price volatility [15] Investment Perspective - The company's growth initiatives and diversification into various avenues are viewed positively, suggesting that Robinhood could be a component of a long-term investment strategy [16]

Tokenization Initiatives - SkyBridge Capital 计划在 Avalanche 上对 3 亿美元的资产进行通证化 [1]

Tokenization & RWA - Ondo's newest product suite is discussed [1] - Institutions' needs in tokenization are explored [1] - The episode is relevant for understanding RWA/tokenization trends [1] People - CSO of Ondo was interviewed [1] - CSO's relationship with Eric Trump was mentioned [1]

Bitcoin as Digital Gold - Bitcoin benefits from instability, including market, government, and geopolitical instability, serving as a safe haven asset [1] - Diversification is key, with Bitcoin being uncorrelated to assets like NASDAQ, making it a hedge against instability [1] - If capital allocators view Bitcoin as a safe haven and instability increases, allocations could reach a few percent [7] - The industry suggests assessing the percentage of major asset managers, sovereign wealth funds, and potentially central banks with Bitcoin allocations [4] Tokenization and the Future of the Industry - Tokenization of off-chain assets (equities, commodities, funds) will lead to significant on-chain value [11][12] - Even if only 5-10% of off-chain assets are tokenized, it represents a massive success for the industry [12] - The industry anticipates that the value of tokenized off-chain assets will surpass that of Bitcoin [14][15] - Tokenization will redefine the industry, shifting focus from cryptocurrency to tokenized assets [18][19] Bitcoin's Potential Growth - The industry believes Bitcoin adoption will positively impact the broader industry [8] - If Bitcoin becomes a significant portion (e g, 50%) of sovereign wealth funds and pension funds, its value could reach tens of millions per coin [17]