Robinhood CEO Calls On U.S. To Approve Tokenized Stocks

Robinhood CEO Vlad Tenev is urging U.S. regulators to approve tokenized stocks, warning that the country risks losing the next generation of financial market infrastructure to overseas competitors. In a social media post, Tenev stated that the global financial system is in the early stages of a tokenization super cycle that could change traditional finance.

MEXC's July TradFi trading shift toward AI storage has surged more than 15 times, and Polymarket has hired a former Uber executive to lead growth. Hyperliquid has turned to the CFTC for a path into the U.S. perpetual futures market, while a Canadian defense tech firm's revenue boost has increased margins, and MEXC's August 2026 proof of reserves confirms user assets are fully backed.

Robinhood has already made tokenized U.S. stocks available in over 120 countries, with more than 190 U.S. stocks tokenized. However, U.S. regulators have concerns due to tokenized shares not being directly owned by holders, and their 1:1 backing by underlying stocks. Tokenization can offer instant blockchain settlement, lower fees, and borderless access to equities.

It can also address limited trading hours and slow asset transfers, according to Tenev. Robinhood has prioritized tokenized stocks outside the U.S., but regulation remains an obstacle in America. The HOOD stock has declined 15% over the past year, trading at $91.53 per share.