Robinhood CEO Vlad Tenev said the company’s next phase for its stock-token product will be a major expansion in coverage. The platform currently offers about 200 stock tokens, and the target is to increase that number to several thousand. Tenev also said Robinhood is exploring the tokenization of private equity and has already identified a path to implementation. At the same time, Robinhood Ventures is building relationships with private companies, while the firm’s underwriting business is helping those companies shape listing strategies aimed at retail investors. The remarks point to a broader push by Robinhood to widen the range of tokenized equity offerings on its platform and connect that effort with work involving private-market companies.
Robinhood CEO Vlad Tenev said the company plans to broaden the reach of its stock-token product in its next phase. The platform currently offers about 200 stock tokens, with a goal of expanding that lineup to several thousand.
Tenev also said Robinhood is exploring private equity tokenization and has already mapped out a path for how it could be carried out.
At the same time, Robinhood Ventures is forming partnerships with private companies. Through its underwriting business, Robinhood is also helping those firms develop listing strategies designed for retail investors.
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