Robinhood's potential success in launching stock tokens could significantly disrupt the financial intermediary sector, according to Even Herd CEO Sam Jurrens. He suggests that Robinhood's initiative to tokenize assets for free might eliminate up to 90% of financial intermediaries. However, Bloomberg's Senior ETF Analyst Eric Balchunas remains skeptical, noting that despite Robinhood's 338% stock price increase over the past year, the appeal of free ETFs and regulated investment tools may limit the need for Robinhood's offerings. Balchunas argues that features like 24-hour trading and instant settlement are not priorities for the majority of investors.