Co-founder & CEO at Robinhood
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.
This answer is part of a full interview with Vlad Tenev, Co-founder & CEO at Robinhood.
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