Robinhood Urges Comprehensive US Legislation on Tokenized Equities
- —Tenev: without permanent rules, clients won't commit substantial assets to tokenization
- —Robinhood offers about 200 stock tokens on Robinhood Chain structured as tokenized debt
- —Crypto revenue fell 55% to $120 million; notional volume dropped 38% to $50 billion
- —Event-contract revenue rose sixfold to $173 million on 16.4 billion contracts
Why it matters: US rulemaking will determine whether tokenized equities become a mass market that Binance Research projects at $349 billion by 2030.
Source: Crypto Economy