The head of Robinhood spoke about the launch of “thousands” of tokenized shares

The co -founder and general director of Robinhood Vladimir Terev said in an interview with Bloomberg that many private companies turned to his company with a request to add their tokenized shares.

According to Terev, the online Broker would like to place the “thousands” shares of private projects for retail trade on his platform.

At the end of June, Robinhood announced the development of his own blockchain network and launching the trading of tokenized shares on the L2 protocol Arbitrum. The company has already produced tokens based on securities Openai, Robinhood Markets, Trump Media & Technology Group, Schwab US Dividend ETF and YILELDMAX MSTR OPTION INCOME Strategy.

The launch of the platform has become possible thanks to the “clear rules” of the European Union for derivatives of crypto assets, he added. CEO Robinhood assured that the products “withstand the highest form of verification” and “constantly discussed” with regulators.

Now the broker’s tokenized shares are available only to the EU. But Terev noted that the United States should not “be too far behind” because the SEC has already begun to discuss this topic, including Robinhood.

Earlier, AI-Startap Openai called the tokens of his shares on the Robinhood platform as a fake and refuted involvement in launch. Representatives of the online Broker explained that the product provides retail investors with “indirect access to private markets” and are being implemented thanks to the company’s share in SPV.

Recall that in February, Terev spoke about the four directions in which Robinhood intends to speed up the development of industry proposals, calling the cryptocurrency “future”.

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