Robinhood CEO Wants ‘Thousands’ of Private Companies Tokenized on Platform

Vladimir Tenevco-founder and executive director of Robinhood, presented the intention of the platform to list “thousands” of private companies as tokenized supplies. The statement follows controversy in connection with his tokenized supplies For private Openi and Spacex companies. Creator Chatgpt went so far that he publicly denied the offer.

He does not trade in private companies publicly on the stock market. Companies usually attract investments from founders, risk capitalists, private capital and sometimes investors of angels and employees. As a result, investing in these companies is closed from the public.

Robinhood -tokened stock supply, available only in the EU, seeks to solve this painful point by providing traders access to shares through it Own Network Ethereum Slower-2.

“We would like to have thousands of private companies on the platform, available retail,” Tenev said in an interview Bloomberg. “And, in fact, from our announcement, I had a series of inquiries [from] Private companies that actually want to retail approach to retocinize their shares, to be part of this revolution. “

Predictors on Countless markets Believe that there is 51.6% likelihood that Robinhood will add at least another private company as the end of the month as a shared token.

(Discovering: MyRiad is a prediction market developed by the parent company Decrypt Dastan.)

Tenev explained that the outlets of Openi and Spacex Tokenized are not yet trade – they have been divided by users through gifts. Still, this prompted the return from the Openi X official account earlier this month.

“We were not a partner with Robinhood, we were not involved in that and not supported it,” Openii wrote on x. “Each capital transfer of openii requires our approval – we have not approved any transmission.”

In order for Robinhood to betray tokenized shares, Tenev said, the company is obliged to either keep the property itself or have a “traditional financial business” for them. He also explained that shares in private companies often trade on the secondary market by institutional investors.

This would mean that Robinhood has either OPENAI Capital – compared to disputes from AI – or is in partnership with shares owners.

“The mechanism is a little different depending on the property, whether it is a public section or a private company,” he said, “but the intention is to support the tokens by exposing a basic property, in almost all cases.”

The controversy also raised questions about how regulators see tokenized supplies. Tenev said that the offer is possible because of the “clear regulations” of the European Union to derivative Kripto assets. He added that Robinhood was convinced that his offer would “withstand the highest form of supervision” and that he was in “current discussions” with regulators.

For now, the tokenized Robinhood shares are only available in the EU. But the executive director noted that now they should not be “too far”, because, he claims, Dic began to discuss the subject.