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Vlad Tenev, CEO of Robinhood, anticipates that traditional financial assets will transition to blockchain networks, similar to cryptocurrencies, over time. He stated that the efficiencies introduced by blockchain technology make it inevitable for traditional finance to adopt these innovations.
Integration of Blockchain and Traditional Finance
Tenev expressed that blockchain technology will simplify financial transactions and represent the next step in the evolution of traditional processes. According to him, transfer agents, central clearinghouses, and payment processors will become obsolete, as software will take over these roles.
Tenev predicts that the policies implemented by the newly elected Donald Trump administration will accelerate the transition of stocks, private companies, and real-world assets (RWAs) to blockchain networks through tokenization. He added that private companies will also begin to operate on blockchain.
“Traditional stocks and other assets will be moved to blockchain infrastructure. Private companies will start using this infrastructure as well.”
He emphasized that transferring assets through Robinhood is easier compared to traditional intermediaries, which often impose non-technical barriers to keep assets in their custody. The public nature of blockchain infrastructure facilitat…
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