You sounded pretty bearish on native on-chain stock issuance. Why is that?
Replied byVlad Tenev
Co-founder & CEO at Robinhood
Niche: Finance, Technology, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2015 or
Native on-chain stock issuance sounds neat, but the traditional system moves slowly with many counterparties and paper-era plumbing. Pilot programs end up tiny and most liquidity stays on old rails. A more useful model is like stablecoins: hold real assets in a bucket and mint or burn tokens against them.
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