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Trading platforms US and abroad.
In his earning position on Wednesday, Robinhood said that the total net revenue rose 45% year-by-year to $ 989 million, which increased from 105% to $ 386 million.
Despite Wall Street’s expectations, the company retreated slightly in the post -company business.
Crypto volume also increased by 32% to $ 28 billion in the quarter as Crypto market cap increased by 21.7% to $ 3.36 trillion.
Robinhod wants toke
“We believe that toolnaisation is the biggest innovation in our industry in the last decade,” – for stock trading in Europe.
Tenav stated that Robinhod’s main focus in the wound of the US market is to tokens the assets that were “earlier inaccessible”.
“Private market and related real -world property are opportunities that are not yet present,” and “we are working with regulators to make it possible.”
Tenev was referring to each major private stocks and venture capital funds, with the type for retail investors due to regulatory and liquidity obstacles.
It comes two months after the $ 200 million acquisition of Robinhode of the Crypto Exchange Bitstamp, which is ready to play an important role in the company’s Tokanization strategy.
Robinhod’s token offer has raised legal concerns
Tenev said that he has seen strong interest from developers
“Since our incident, we get hot calls and dos from developers, which have morality to tokens the shares of the owners of their owners or the real-overdose assets revolution and morality to jump on the partner’s token with us.”
Robinhood has already issued private equity tokens in Europe that are similar to the opening and spacex shares.
However, the tokening office recently conducted a legal inquiry in Lithuania, in which openi warned that Robinhood’s open tokens for reservation in the company.
More equipped for tokens, CEO argues
Asked how Robinhood’s tokening platform excluded public blockchain, Tenav suffered a 25 million users’ company and $ 1 trillion in property that they were in custody.
“(That) is going to be very different, playing again for others, Tennev said, not that Robinhode’s contestants or blockchain-country firms are really going to this specific occasion”. ,
“There are many series that they want to build the best chain for Degen traders, but I think the wealth and unique characters of the open world who have them (…) to deal as the director.”
Connected: Etoro to Tokende 100 Most Popular American Stock Etreum
While Tennev’s comments were directed at layer 2S, the atherium crypto tokening dominates the market, safely $ 7 bills of real -world assets, RWA.XYZ data show.
Ethereum Layer 2 Zksync era comes second with $ 2.4 billion, about 19% accounting for market share.
magazine: Will Robinhode’s token stock actually occupy the world? Professionals and include