Robinhood Co-founder: Crypto-stock Meme Development Exceeds Company Expectations, Becoming an On-ramp Connecting Users to Real Stock Tokens
2026-08-24 04:26
Odaily News, Robinhood co-founder Vlad Tenev said on the podcast The Iced Coffee Hour that developers on Robinhood's chain have built liquidity pools and protocols that the company never initially anticipated, combining Meme coins, mainstream crypto assets, and stock tokens. Meme coins are being used as an "on-ramp" or "reward mechanism" to connect users with real stock tokens.
Vlad Tenev stated that Robinhood aims to increase the proportion of U.S. households holding stocks from around 65% to over 95%, and tokenization will be a key means to achieve this goal, enabling high-quality U.S. stocks and other RWAs to be distributed more conveniently to users worldwide.
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