Robinhood CEO Vlad Tenev argues tokenized stocks with instant blockchain settlements could prevent trading halts like 2021 GameStop. Legacy T+2 forces brokers to post big collateral in volatility. RH issued ~2K stock tokens ($17M) in Europe, eyes 24/7 trading. NYSE/Nasdaq/SEC
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Robinhood CEO Vlad Tenev argues tokenized stocks with instant blockchain settlements could prevent trading halts like 2021 GameStop. Legacy T+2 forces brokers to post big collateral in volatility. RH issued ~2K stock tokens ($17M) in Europe, eyes 24/7 trading. NYSE/Nasdaq/SEC