Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market

The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market. In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto asset tokenization will boost the US stock market the same way stablecoins are helping establish the dominance of the US dollar. “Tokenization of securities, which we’re very excited about, allows you to have ownership in companies… Stablecoins are viewed rightly as an area that could increase demand among individuals overseas as governments become prone to diversifying away from holding treasuries. So in the same way that stablecoin legislation can kind of push forward US dollar dominance, I think tokenized securities can really push forward US company dominance in the global market.” Tenev notes that by tokenzing securities on global blockchains, investors outside the US will be able to invest in American securities in a matter of clicks – rather than go through the cumbersome process of traditional banks and trading platforms. “It’s very difficult to invest in a US company if you’re overseas, and so in the same way that stablecoins made it easy to get dollars, tokenized securities will [grant] easy access to US companies, so we’re excited about that. I think that’s good for the companies [and] good for people outside the US because they’ll have access to these effective wealth building tools, which is another way to diversify if they have [a] loss of purchasing power due to local currencies that are devaluing sharply. So I think that’s exciting, and I think it’s also good for entrepreneurs and capital formation. If you make it easier to raise capital in the US by tapping into a global crypto market, you get a lot more interesting companies.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market appeared first on The Daily Hodl .