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Ogle

2026-10-04 05:55:09

WLFI advisor Ogle on trading discipline, LIT losses, and turning a six-figure wallet into on-chain gains

In episode 69 of the HODLong podcast, WLFI advisor Ogle laid out the thinking behind his trading framework, tracing it from a childhood habit of buying and reselling school supplies to a recent crypto run that, by his account, turned a little more than six figures into $15 million to $20 million in publicly visible gains by autumn. The conversation was not framed as a victory lap. It opened with a loss: Ogle said he lost several million dollars in 10 to 15 minutes after Robinhood’s annual summit failed to mention Lighter, even though he had built his largest position around that possibility. He said his oversized LIT position rested on two equally weighted reasons: Lighter’s founder had ties to Robinhood CEO Vlad Tenev, and that same founder also sat on the U.S. Commodity Futures Trading Commission’s innovation advisory committee. When the first part of that thesis broke, he cut the position exactly in half. Across the interview, Ogle returned to a few rules that shape how he trades: get off the train if it is going to the wrong destination, ignore whether a position is up or down and ask whether you would still buy it in cash today, size positions so you can sleep, and keep looking for evidence that disproves your thesis. He also discussed how he screened projects in this cycle, why buyback-and-burn token models mattered to him, why he chose Lighter over Hyperliquid for asymmetric upside, how he viewed LayerZero, Ethena and Pons through the same lens, and why social trading app FOMO made him act in ways he believes made him a worse trader.

Robinhood

2026-10-04 03:30:57

Robinhood says SEC innovation exemption could cap tokenized stock volumes

Robinhood executive Johann Kerbrat said the U.S. Securities and Exchange Commission’s new innovation exemption for tokenized stocks may create a practical ceiling for the company’s push into the U.S. market. Speaking at Korea Blockchain Week in Seoul, Kerbrat said the volume cap built into the SEC framework is high, but still close enough to Robinhood’s existing offshore tokenized stock activity that it could become a real constraint. He said the company is still reviewing the lengthy order, which sets rules on eligible assets and trading limits. The SEC’s five-year exemption, issued on Sept. 17, allows compliant U.S. venues to trade tokenized U.S. equities without registering as exchanges, but only under strict conditions. Tokens must carry the same rights as the underlying shares, including voting rights. Trading venues must notify listed companies, and issuers have the right to object. That creates a mismatch with Robinhood’s current Stock Tokens product, which is issued in bond form by a Jersey entity and offered through Robinhood Wallet in more than 120 countries, excluding U.S. users. Those tokens track U.S. stocks but do not include voting rights or in-kind redemption. Kerbrat and CEO Vlad Tenev have said Robinhood plans to add both features.

Blast

2026-10-02 17:15:35

Blast to shut down as Ethereum layer-2 economics collapse after 98% asset drop

Blast, an Ethereum layer-2 network that once held more than $2.2 billion in locked assets, is shutting down after user activity and revenue collapsed. The project said Friday that operating the chain no longer makes economic sense, with maintenance costs exceeding the income generated by the network and no credible path to long-term sustainability. According to DeFiLlama data cited in the report, Blast’s total value locked fell from a June 2024 peak of $2.2 billion to just $32 million, while monthly revenue dropped from about $3.5 million at its high point to only $1,793 last month. BLAST, the network’s native token, fell 19% after the announcement and is now down about 98% from launch. The shutdown also highlights mounting pressure across the blockchain sector, where smaller networks face rising development, infrastructure, and security costs while competing against larger consumer platforms such as Coinbase’s Base and Robinhood’s Ethereum-based network. Blast said users can withdraw assets to Ethereum through its interface until Oct. 26; after that, withdrawals will require direct interaction with bridge contracts.

Robinhood

2026-10-02 14:59:10

Robinhood stock tokens emerge as liquidity assets for meme coin trades, with daily volume peaking at $440 million

Robinhood-linked stock tokens are being used as a new source of liquidity in meme coin trading, according to a Bloomberg-cited report carried by Odaily. These digital securities track individual stocks and are backed 1:1 by corresponding shares held by custodians, allowing them to circulate in open crypto markets. Traders can pair the tokens with meme coins in liquidity pools and swap between them directly, turning stock exposure into an on-chain trading instrument. Bloomberg, citing Dune data, said daily trading volume for stock token and memecoin pairs briefly climbed to about $440 million in early September before falling back quickly. Separate data from RWA.xyz showed that some of the most active stock tokens tracked assets including an S&P 500 ETF, Nvidia, SpaceX and Meta, with their combined market capitalization at one point reaching roughly $69 million. The report also noted that some prices in these markets may diverge sharply from the underlying stocks, while the U.S. regulatory environment has started to leave room for tokenized equity trading after the SEC granted temporary relief for certain forms of on-chain trading in tokenized U.S. stocks.

Fintech

2026-10-02 10:24:20

After Fintech: AI Tokens, Value Tokens and Agents Are Redrawing Financial Services

Simon Taylor, founder of Fintech Brainfood, argues that the engines that once defined fintech — cloud infrastructure, mobile-first distribution and API-led banking — are no longer the main source of change in financial services. In his view, the next cycle is being shaped by two kinds of tokens and a new kind of customer: intelligent tokens used by AI models to process information, value tokens that represent money or assets onchain, and agents that can hold permissions, budgets and wallets to act on behalf of users. The article breaks finance into three core layers: decision-making, record-keeping and service distribution. Taylor says all three are shifting at once. Loan and fraud decisions are moving from spreadsheets and rule systems toward foundation models and agent workflows. Financial records are moving from internal databases toward tokenized assets and shared ledgers. Distribution is moving beyond apps and websites toward agent-driven access, where software directly invokes financial products instead of waiting for people to tap buttons. He points to recent moves by Stripe, Ramp, Revolut, Nubank, Figure and Robinhood as evidence that this transition is already underway. His conclusion is blunt: fintech as a standalone investment category has run its course because its defining ideas have become standard industry practice. The next trillion-dollar financial company built on modern technology, he argues, is likely to be centered on AI and tokens.

Odaily

2026-10-02 08:47:58

SGT market cap on Robinhood tops $4 million, Odaily says

Odaily said its Meme Express monitor showed SGT’s market capitalization on Robinhood had climbed past $4 million. The outlet also said Sight is building an onchain prediction market on Robinhood Chain, covering crypto assets and real-world events, with plans to support multiple chains. According to the report, products that could go live within the next week may include prediction markets tied to stock tokens, new meme tokens, NFT series, and real-world events. Odaily added that Meme Express uses its proprietary AI model to screen community-discussed tokens with potential. The report said the information was compiled from public sources and does not constitute investment advice, while warning readers about the high volatility of meme coins.

Robinhood

2026-10-02 04:16:47

Robinhood says work on SEC innovation exemption is still underway

Robinhood is still working on an "innovation exemption" with the U.S. Securities and Exchange Commission to support a tokenized stock business, according to Johann Kerbrat, the company’s senior vice president for crypto. Kerbrat made the remark during Korea Blockchain Week 2026. He also said that as trading in tokenized equities grows, volumes could reach the limits set by the SEC. The comments point to Robinhood’s continued regulatory engagement around a potential tokenized stock offering in the U.S., with trading caps remaining one of the constraints mentioned by the executive.

Robinhood

2026-10-02 04:16:11

Robinhood says it is still pursuing SEC innovation exemption for tokenized stocks

Robinhood is still moving through the U.S. Securities and Exchange Commission process tied to an "Innovation Exemption" for tokenized stocks, according to Johann Kerbrat, the company’s crypto business lead. Speaking during Korea Blockchain Week 2026, Kerbrat said trading volume in Robinhood’s stock tokens could eventually reach the regulatory limits set by the SEC. The exemption framework, introduced earlier by the SEC, allows eligible tokenized securities trading platforms to offer on-chain stock trading if they meet specific requirements. Those conditions include limits on the number of stocks that can be traded, caps on trading scale, disclosure obligations, and a requirement that holders of tokenized stocks receive the same rights as holders of traditional shares. Robinhood is currently exploring business opportunities tied to tokenized equities under that structure.