>Robinhood announced an Ethereum Layer 2 for tokenizing equities
>Pilot on Arbitrum then their own L2 "Robinhood Chain"
>Mint and Redeem tokens for the underlying via Robinhood only
>Robinhood is custodian for the underlying
>Goal is 24/5 and eventually 24/7 trading of the tokenized assets on crypto exchanges
>In addition to publicly traded companies, Robinhood plans to tokenize equity for private companies such as OpenAI or SpaceX
>EU CUSTOMERS ONLY

https://x.com/vladtenev/status/1940308314144883074

>>60594526 (OP)
https://www.galaxy.com/insights/research/weekly-top-stories-7-4-25

>>60594526 (OP)
Sounds too centralized

>>60594526 (OP)
>walled gardens and sandboxes
>OpenAI distances itself already
>EU regulators looking into it already
It's just gay trust-me-bro IOUs.

>>60594526 (OP)
>one of the tokenized stock is not authorized
>they keep doing it

this is giga jew kikery.

>>60594526 (OP)
>whoaaaa thanks to crypto i can now trade stocks!
cryptards have been so busy thinking about "can we do it?" that the forgot to ask "should we do it?"

>>60597576
It could completely upend stock clearing and disrupt the status quo but yeah, cumrocket has more purpose

There must be a computational means to outjew a jew before he can screw you. Like hashing the coin in chunks in in real time for the block.
<- not computer literate
Tokens and honor systems are fucking stupid if someone can very well run off with the reward like a pirate.
Like I want to make a block chain coin based on mining other coins for a dividend in cloud computing.

>>60594526 (OP)
Why do these morons use an Ethereum L2 begging on the street when life would have been so much simpler with Solana ?

>>60597587
>cumrocket has more purpose
this but unironically

enjoy your incremental update to stock clearing though

>>60597591
solana is a third world chain for pooskins

>>60597631
man do you guys really believe this siht? when the top traders are all americans making $20k+/day and the market is really slow right now.