Robinhood CEO says tokenization can open top U.S. financial assets globally

Vlad Tenev, CEO of Robinhood, said on X that tokenization is a technology that can make high-quality financial assets in U.S. capital markets accessible to anyone around the world. Tenev said traditional financial infrastructure was built around fixed trading hours, closed networks and multiple intermediaries, making it ill-suited to 24-hour trading, programmable assets, composability and self-custody. He added that while the tokenization industry remains at an early stage compared with global financial markets, its advantages are becoming increasingly clear. Tenev also stressed that although it may take time for traditional finance to embrace the shift, the change is worth pursuing.