Robinhood CEO calls on Trump to relax U.S. "tokenization" regulation at White House meeting

Odaily News: Robinhood CEO Vlad Tenev called on Trump this morning at a White House cryptocurrency meeting to relax U.S. "tokenization" regulation.

Vlad stated: "Through tokenization technology, Robinhood is extending ownership of U.S. assets to users in more than 120 countries worldwide. Yet this innovation is reaching overseas investors before benefiting investors here at home—and this opportunity extends far beyond public markets. Tokenization will open up markets that have long been out of reach, including private enterprises (unlisted companies). In today's market, too much economic value is being created before ordinary investors ever get a chance to participate."

Vlad urged: "Innovation and investor protection are not opposing goals. America became the global capital markets leader precisely by balancing both. The SEC and CFTC chairs in this room know full well that it is American companies building this technology, American markets powering it, and American assets at its core. U.S. investors should not be the last to benefit. We look forward to continuing to work together to expand ownership, build the next generation of capital markets, and ensure America stays ahead on this path."