Robinhood CEO Backs Real-World Assets Over Memecoin Growth

TLDR Robinhood CEO Vlad Tenev said crypto’s future growth depends on real-world assets rather than memecoins. Robinhood launched Stock Tokens to let eligible users trade tokenized equities around the clock. Tenev said tokens need underlying utility to become productive assets in financial markets. Robinhood plans to connect tokenized equities with DeFi lending pools and collateral [...]

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