In an interview with Bloomberg Television, Vlad Tenev said that the tokenization of traditional blockchain assets will significantly increase their availability for investors.
“We are working on our own blockchain, and we would like it to become a basic infrastructure for any Defi elements. We are going to make it the best network for RWA tokenize. For this network, it is necessary to have a military level. And we will bring such a blockchain to the market, ”said Robinhood general director.
Terev also recalled that the company has already launched tokenized versions of American shares and stock funds in the second -level network of Arbitrum. Residents of the European Union received access to trade in these assets. Now Robinhood offers the trade in 200 tokens for commercial promotions and the ETF shares. In addition, the unit gives access to traditional cryptocurrencies.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
