🏛️ Robinhood tokenizes Wall Street and threatens the NYSE

Robinhood Chain, the new blockchain from Robinhood, will allow 24/7 trading of tokenized stocks, directly challenging the New York Stock Exchange (NYSE). According to Galaxy Digital, this could divert liquidity and fees from traditional exchanges, affecting their revenue model.$RWA

The platform will use “wrappers” of real stocks, allowing for direct custody, instant settlement, and use in DeFi. Additionally, Robinhood will control its own sequencer, capturing all transaction fees.$USDC

💥 If Wall Street sleeps… Robinhood tokenizes it and sells it in the meantime.$SUI

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