BlockBeats News, September 5 - Robinhood CEO Vlad Tenev stated in a post that tokenization can provide global users with access to high-quality financial assets, bringing the advantages of the U.S. capital markets to more investors in a globalized manner. He noted that while the tokenization industry remains relatively small compared to the global financial system, its advantages are becoming increasingly difficult to ignore.
Tenev said that traditional financial market infrastructure is built around fixed trading hours, closed networks, and multi-layered intermediaries, and is not designed for needs such as "24/7 trading, programmable assets, composability, and self-custody." The pace of investor demand development has already outpaced the iteration speed of traditional financial infrastructure. Robinhood is committed to driving this change.
He believes that a growing number of entrepreneurs, liquidity providers, traders, and infrastructure teams are jointly advancing industry development, but tokenized finance is still in its early stages, and it will take time for traditional financial institutions to fully participate in this space.
