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Robinhood CEO Vlad Tenev says tokenization is coming for all financial markets
Robinhood stock's year-to-date gain is inching toward 300%, with at least some of that attributable to the retail-trading platform's position at the edge of a growing trend in financial markets. "Tokenization"—the act of taking an asset like a stock, bond, or even deed to a piece of property, and creating a digitized version secured to the blockchain—was in the spotlight earlier this year when Robinhood Markets announced it would offer investors in Europe a chance to purchase tokenized equity in some of the hottest private firms like SpaceX and OpenAI. The excitement helped propel a big jump in ... (full story)