🌐Tokenized Stocks: A Game-Changer for Finance?
In late June, Robinhood launched tokenized stocks for all its European users, including shares of non-listed companies like OpenAI and SpaceX. This lets anyone invest without using traditional exchanges, with assets secured on the Arbitrum blockchain 🔐.
Although OpenAI clarified these aren’t actual shares, the move sparked major interest: Robinhood’s stock (HOOD) surged 🚀, and platforms like Coinbase, Kraken, and even BlackRock are jumping in.
✅ Why the hype?
24/7 trading access .
Global reach .
Riding the ongoing crypto momentum 🪙.
⚠️ But key challenges remain:
Limited adoption so far .
No governance rights for holders.
Higher illiquidity risk.
Scrutiny from regulators, like the Central Bank of Lithuania 🇱🇹
While U.S. regulation seems more open under Paul Atkins, previous failures by FTX and Binance remind us: the success of tokenized stocks is still far from guaranteed.
