{"id":50643,"date":"2025-10-02T03:31:44","date_gmt":"2025-10-02T03:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50643"},"modified":"2025-10-02T03:31:44","modified_gmt":"2025-10-02T03:31:44","slug":"tokenization-is-going-to-eat-the-entire-financial-system-says-robinhood-ceo","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50643","title":{"rendered":"‘Tokenization is Going to Eat the Entire Financial System’ Says Robinhood CEO"},"content":{"rendered":"
\n

SINGAPORE \u2014 The most important story in crypto right now is tokenization and it\u2019s coming fast to disrupt traditional finance, according to Robinhood CEO Vlad\u202fTenev.<\/p>\n

Tenev told the crowd at the Token2049 conference in Singapore that tokenization is a \u201cfreight train\u201d barreling toward the heart of traditional finance.<\/p>\n

\u201cCrypto and traditional finance have been living in separate worlds, but they\u2019ll fully merge. In the future, everything will be on-chain in some form, and the distinction will disappear,\u201d he said.<\/p>\n

With Robinhood now offering tokenized stocks in Europe<\/a> as well as private shares in some of the hottest non-public startups like OpenAI<\/a>, the firm is betting big on a future where assets trade 24\/7, on-chain, and globally.<\/p>\n

\u201cIn the same way that stablecoins have become the default way to get digital access to dollars, tokenized stocks will become the default way for people outside the U.S. to get exposure to American equities,” Tenev said on stage. “That\u2019s why we launched our stock tokens in Europe first, it\u2019s the future of how global investors will hold U.S. assets.\u201d<\/p>\n

Even though many in the crypto industry have praised the direction the U.S. is going on digital asset policy, Tenev said the country needs to play regulatory catch-up to Europe.<\/p>\n

There’s no urgency to change things \u2013 such as creating regulations to facilitate 24\/7 trading of tokenized stocks \u2013 because the current system works well enough already. Tenev compared it to the lack of high-speed trains in the U.S., something ubiquitous in Europe and Asia.<\/p>\n

\u201cThe biggest challenge in the U.S. is that the financial system basically works. It\u2019s why we don\u2019t have bullet trains \u2014 medium-speed trains get you there well enough,” he said. “So the incremental effort to move to fully tokenized will just take longer.\u201d<\/p>\n

Tokenizing real estate<\/h2>\n

Next up for Robinhood is tokenizing real estate.<\/p>\n

Tenev told the crowd that tokenizing property is \u201cmechanically\u201d no different from tokenizing a private company, such as SpaceX or OpenAI: you place the assets into a company structure and then issue tokens against it.<\/p>\n

While OpenAI called the move to tokenize its private shares “unauthorized<\/a>” and crypto lawyers that spoke to CoinDesk said the move walked a legal tightrope<\/a>, Tenev dismissed the controversy as part of a broader regulatory lag, arguing that the main hurdles aren\u2019t technical but legal.<\/p>\n

Europe is already moving ahead, he said, while the U.S. will likely trail, but he framed real estate as the next logical step in Robinhood\u2019s tokenization push \u2014 an asset class that could one day be traded as easily as a stock or stablecoin.<\/p>\n

“Eventually, it\u2019s going to eat the entire financial system,\u201d Tenev said.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SINGAPORE \u2014 The most important story in crypto right now is tokenization and it\u2019s coming fast to disrupt traditional finance, according to Robinhood CEO Vlad\u202fTenev. Tenev told the crowd at the Token2049 conference in Singapore that tokenization is a \u201cfreight train\u201d barreling toward the heart of traditional finance. \u201cCrypto and traditional finance have been living […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50643","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\/50643","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=50643"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50643\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}