Tag Archives: tokenization

Senate seeks to rein in stock tokenization in latest crypto bill draft

Senate seeks to rein in stock tokenization in latest crypto bill draft

Sen. Cynthia Lummis, R-Wyo., arrives in the Capitol for a vote on Wednesday, February 26, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images The Senate is still ironing out its version of regulatory oversight for crypto and digital assets, but it’s another step closer. Senators on Friday updated the draft of a major market structure crypto bill with …

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Why Robinhood’s CEO Touted Tokenization 11 Times on Its Q2 Earning Call

Why Robinhood’s CEO Touted Tokenization 11 Times on Its Q2 Earning Call

In brief Robinhood CEO Vlad Tenev views tokenization as the future of finance. Robinhood is building its own Ethereum layer-2 scaling network. The firm surpassed analysts’ second-quarter expectations. Robinhood CEO Vlad Tenev referenced tokenization nearly a dozen times during the company’s second-quarter earnings broadcast on Wednesday, highlighting how the once-esoteric term is becoming a cornerstone of the retail brokerage’s crypto …

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There are risks and rewards as crypto heavyweights push tokenization

There are risks and rewards as crypto heavyweights push tokenization

As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal of turning real-world assets into digital tokens. “Tokenization is going to open the door to a massive trading revolution,” said Vlad Tenev, the CEO of the trading platform Robinhood at a recent James Bond-themed tokenization launch event in the south of France. …

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