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.
0
From the Full Interview
This answer is part of a full interview with Vlad Tenev, Co-founder & CEO at Robinhood.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Vlad Tenev's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
How does sustainability influence your decisions?
By Paul Guyett
Retail
$1M+/mo
Can you tell us how the business started and what that means to you today?
By Paul Guyett
Retail
$1M+/mo
How has the business evolved over the years?
By Paul Guyett
Retail
$1M+/mo
What leadership lesson stands out from managing a long-established company?
By Paul Guyett
Retail
$1M+/mo
How did customers react when you moved locations?
By Paul Guyett
Retail
$1M+/mo
Why was improving the showroom layout important?
By Paul Guyett
Retail
$1M+/mo
How important is industry knowledge to your business?
By Paul Guyett
Retail
$1M+/mo