{"id":2526,"date":"2024-11-12T17:18:49","date_gmt":"2024-11-12T17:18:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2526"},"modified":"2024-11-12T17:18:49","modified_gmt":"2024-11-12T17:18:49","slug":"robinhood-ceo-vlad-tenev-operating-a-crypto-business-has-undeniable-advantages","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2526","title":{"rendered":"Robinhood CEO Vlad Tenev: Operating A Crypto Business Has &#8216;Undeniable&#8217; Advantages"},"content":{"rendered":"<div>\n<p><strong>Robinhood<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HOOD#NASDAQ\">HOOD<\/a>) CEO <strong>Vlad Tenev<\/strong> on Tuesday emphasized that <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41525589\/robinhoods-crypto-strategy-hits-sweet-spot-for-dominating-future-investment-landscape-bern\">operating a cryptocurrency business<\/a> is significantly more cost-effective than running traditional financial services, providing a substantial advantage that he described as \u201cundeniable.\u201d<\/p>\n<p><strong>What Happened: <\/strong>&#8220;It costs us roughly an order of magnitude less to operate a cryptocurrency business and offer the exchange of assets than it does on the TradFi side,\u201d Tenev said in an <a href=\"https:\/\/x.com\/DegenerateNews\/status\/1856330869209719240\">interview<\/a> with CNBC, highlighting the operational efficiencies that crypto brings compared to traditional finance.<\/p>\n<p>This cost advantage, he explained, extends to other benefits, including user experience improvements like fractionalization and 24-hour trading, which enhance customer value.<\/p>\n<p>Since <strong>Donald Trump<\/strong>&#8216;s win, the market has witnessed a surge that&#8217;s been coined the &#8220;<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41869034\/skyrocketing-bitcoin-nears-80000-milestone-on-optimism-over-trump\">Trump pump<\/a>,&#8221; driven by optimism around the new administration&#8217;s intentions to establish the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41910602\/robinhood-ceo-vlad-tenev-operating-a-crypto-business-has-undeniable-advantages\" alt=\"Robinhood\" ceo vlad tenev: operating a crypto business has advantages>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood (NASDAQ:HOOD) CEO Vlad Tenev on Tuesday emphasized that operating a cryptocurrency business is significantly more cost-effective than running traditional financial services, providing a substantial advantage that he described as \u201cundeniable.\u201d What Happened: &#8220;It costs us roughly an order of magnitude less to operate a cryptocurrency business and offer the exchange of assets than it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2526","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2526"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2526\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}