Robinhood CEO Says SEC Should Revise Rules To Foster Tokenization

Robinhood CEO Vlad Tenev has urged the Securities and Exchanges Commission (SEC) to make the necessary regulatory adjustments to make the tokenization of private company securities legal in the U.S. In a Jan. 28 op-ed in the Washington Post , Tenev argued that the U.S. is falling behind in the coming investing revolution. This revolution involves leveraging crypto technology to tokenize private-company stock, enabling retail investors to invest in leading companies before they become too expensive. Robinhood is an investment app with 11.8 million monthly users, which offers access to stocks and cryptocurrencies. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io