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Robinhood CEO Says Tokenization Will 'Unlock 24/7 Markets' And Investors Will 'Never Go Back'
Yahoo Finance· 2025-11-12 22:31
Core Viewpoint - The CEO of Robinhood Markets Inc. predicts that traditional trading hours are becoming obsolete due to asset tokenization, which will enable 24/7 global markets [1][2]. Group 1: Market Structure and Future Predictions - Vlad Tenev argues that the current market structure, which includes closures on weekends and holidays, is a temporary limitation that will soon seem outdated [2]. - Tenev compares the shift towards 24/7 trading to the advent of mobile trading, suggesting that access to constant trading will soon be taken for granted [3]. Group 2: Robinhood's Initiatives - Robinhood is already utilizing blockchain technology in Europe to facilitate 24/7 trading and faster settlements, as stated by Johann Kerbrat, GM of Robinhood Crypto [3]. - The company is developing its own Layer 2 blockchain based on Arbitrum technology to support the tokenization of assets like stocks and ETFs for European customers [4]. Group 3: Industry Trends - The financial industry is increasingly moving towards tokenized, always-on trading, with Robinhood not being the only player in this space [4]. - Competitor Kraken has also launched 24/7 tokenized stock trading for global users via the Solana blockchain in the European Union, aiming to reduce friction and high fees for international investors [5].
X @BREAD | ∑:
BREAD | ∑:· 2025-06-26 20:21
Crypto Market & Trading - Crypto's value lies in its 24/7, global market availability, highlighting a benefit over traditional financial markets, especially during geopolitical events like the Iran-Israel situation [1] - Traditional financial markets are limited by legacy technology and institutions, causing delays and restrictions compared to the continuous trading of crypto assets [2] - Tokenization of assets, such as T-Bills, creates more efficient, globally accessible, and 24/7 tradable markets [3] - The market's embrace of stablecoins like $CRCL indicates a broader trend towards asset tokenization, with major players like BlackRock, Apollo, Franklin Templeton, Coinbase, and Google participating [4] GTE's Strategy & Technology - GTE aims to provide liquid 24/7 trading for tokenized assets by converging spot and perpetual Continuous Liquidity Order Books (CLOBs) [5] - GTE's Spot CLOB, built on @megaeth_labs, offers market makers the latency and style of a centralized exchange [5] - With assets tokenized permissionlessly and markets onchain, price-feeds can derive perpetual futures without relying on oracles when traditional markets are closed [6] - GTE envisions a future where weekend price discovery occurs on its exchange as markets converge [7] - GTE's ultimate goal is to facilitate the trading of all tokenized assets globally [7][8]