Private firms are looking to tokenize shares on Robinhood's EU platform, aiming to democratize access.
Robinhood’s tokenized platform in the EU is attracting interest from private companies seeking to tokenize their shares. CEO Vlad Tenev revealed a surge in inquiries, with over 200 tokenized US equities available for trading. The platform aims to onboard thousands of private firms to democratize access to retail investors. The platform is under scrutiny by the Bank of Lithuania for regulatory compliance.
Tenev confirmed Robinhood is in talks with regulators in the US and UK for potential expansion. The tokens are classified as derivatives under EU regulations and backed by US brokers. The SEC may approve tokenization without new legislation. Galaxy Digital noted the move challenges traditional market liquidity and brings assets onchain, potentially disrupting major exchanges like the NYSE.
BioSig Technologies secured up to $1.1 billion to tokenize the commodities market, while the QCD Money Market Fund became the first tokenized fund in the DIFC. The tokenization trend is gaining momentum as more assets move onchain. Robinhood’s move reflects the growing interest in tokenizing assets and expanding access to digital markets.
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