Robinhood CEO Vlad Tenev announced plans to introduce 24/7 stock token trading and decentralized finance (DeFi) services in the coming months. This move aims to overcome the challenges of real-time settlement in traditional stock markets by leveraging tokenization. Currently, Robinhood offers over 2,000 tokens representing US-listed stocks in Europe, enabling traders to invest in US stocks and earn dividends. The upcoming services will allow investors to self-custody their stock tokens and participate in lending, staking, and other DeFi operations.
Robinhood to Launch 24/7 Stock Token Trading and DeFi Services
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