Robinhood CEO Advocates Blockchain Tokenization to Prevent GameStop-Style Trading Halts

TLDR: GameStop crisis stemmed from outdated two-day settlement infrastructure requiring massive broker deposits.  Robinhood successfully operates over 2,000 tokenized US stock tokens in European markets with full functionality.  Current SEC leadership and proposed CLARITY Act create favorable conditions for US equity tokenization adoption.  Blockchain-based real-time settlement eliminates systemic risk that forced 2021 trading restrictions on [...]

The post Robinhood CEO Advocates Blockchain Tokenization to Prevent GameStop-Style Trading Halts appeared first on Blockonomi.