@OndoFinance @usithetalk @jamielky Ian De Bode from @OndoFinance shares how trading tokenized equities is made as smooth as crypto:"It’s a very different model than people are used to, but it ensures users always get the right price." ...

RT Kamino (@KaminoFinance)Reminder that, right here on @solana, you can now borrow against your tokenized equities in just a few clicksLive on Kamino, powered by @xStocksFi 🤝 https://t.co/7xptjM3YYL ...

(Bloomberg) -- Robinhood Markets Inc. is launching a closed-end fund to give US retail investors exposure to private companies.The retail-trading platform said it filed an initial registration statement with the Securities and Exchange Commission, beginning the process to offer public shares of the fund, dubbed Robinhood Ventures Fund I, according to a statement Monday.With many companies staying private for longer and valuations skyrocketing, retail investors have largely been stuck on the sidelines with f ...

Core Insights - Robinhood Markets Inc. is launching a closed-end fund named Robinhood Ventures Fund I to provide US retail investors access to private companies [1][2] - The initiative aims to democratize investment opportunities that have traditionally been available only to wealthy individuals and institutions [2] - The fund will focus on a concentrated portfolio of private companies at the forefront of their industries, pending SEC approval for trading on the New York Stock Exchange under the symbol RVI [3] Company Strategy - Robinhood has prioritized giving retail investors access to private equity, which has been restricted in the past [2] - The firm previously announced plans to offer tokenized equities in Europe and provided a limited giveaway of equity tokens for companies like OpenAI and SpaceX [2] Market Context - Many companies are remaining private longer, leading to skyrocketing valuations and leaving retail investors with limited options to participate in this growth [2] - The CEO of Robinhood highlighted the unfairness of retail investors being locked out of private company investments for decades [2]

RT Arjun Sethi (@arjunsethi)17 tokenized equities cleared $1M+ in 24h trading volume.16 are xStocks.The other one is lonely. ...

Tokenized Equities Initiative - Coinbase 正在致力于将代币化股票引入平台 [1] - 公司正在思考如何实现这一目标 [1]

Group 1 - OpenAI has distanced itself from Robinhood's offering of tokenized shares, clarifying that these "OpenAI tokens" are not actual equity and that they did not partner with Robinhood [1] - OpenAI emphasized that any transfer of its equity requires approval from the company, which was not granted in this case, and advised users to exercise caution [1] - Robinhood launched the tokenized shares as part of a broader product showcase, which contributed to a surge in its stock price, reaching an all-time high above $100 [1] Group 2 - A Robinhood spokesperson stated that the tokens provide retail investors with indirect exposure to private markets, facilitated by Robinhood's ownership in a special purpose vehicle [2]

Business Expansion - Robinhood expands into tokenized equities [1] - Robinhood plans crypto perpetual futures [1] - Robinhood plans Layer 2 blockchain with Arbitrum [1]

Core Viewpoint - Coinbase is seeking approval from the SEC to offer "tokenized equities," which is a significant priority for the company [1][4]. Group 1: Tokenized Equities Concept - Tokenizing equities involves converting company shares into digital tokens, allowing investors to hold tokens that represent ownership instead of the securities directly [2]. - Proponents argue that tokenized equities could lower trading costs, enable faster settlement, and allow for 24/7 trading [4]. Group 2: Regulatory Challenges - Currently, tokenized equities are not available for trading in the U.S., with firms like Kraken experimenting with the concept in select markets outside the U.S. [6]. - To offer tokenized equities in the U.S., Coinbase would need a "no action letter" or exemptive relief from the SEC, which would prevent enforcement actions against the company [7][10]. - The SEC has previously sued Coinbase for operating as an unregistered broker-dealer, but this case was dropped under the Trump administration [9][14]. Group 3: Market Implications - If granted approval, Coinbase could offer stock trading via blockchain technology, positioning itself against retail brokerages like Robinhood and Charles Schwab, potentially opening a new business segment [12][15]. - The current political climate, with Trump appointing industry-friendly regulators, may favor the approval of such initiatives, as seen by the favorable market reaction to cryptocurrencies [13].