Robinhood Crypto executive Johann Kerbrat said in a recent podcast interview that one of the company’s main differences from other blockchain projects is that it launched a chain without issuing a token. Speaking on threadguy’s podcast, Kerbrat described blockchain as a purely technical layer for Robinhood rather than a token-driven business model. He said the chain serves as infrastructure for the company’s new products and businesses. Kerbrat added that, because Robinhood does not have a token tied to the chain, it does not need to keep shifting strategic priorities to support a token price, whether that price is rising or moving sideways. He said that removes a major source of distraction and gives Robinhood an advantage over projects that must manage both infrastructure and token-related market pressures.
Robinhood Crypto head Johann Kerbrat said in a recent interview on threadguy’s podcast that one of the company’s key differences from other blockchain projects is that it launched a chain without launching a token.
In the interview, Kerbrat said, 「Compared with other blockchains, one of our key differences is that we launched a chain, but we didn’t launch a token. For us, blockchain is a pure technology. It is the infrastructure that supports all of our new businesses.」
He also said Robinhood does not need to keep adjusting its strategic priorities 「to maintain a token price that is going up or sideways.」 Kerbrat said that avoids a major distraction and gives the company a significant advantage.
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