Robinhood CEO: Received Numerous Requests from Private Companies to Issue Tokenized Stocks

On July 8, according to Cointelegraph, Robinhood has attracted strong interest from many private companies hoping to tokenize their shares after launching its stock token platform in the European Union last week.

Robinhood CEO Vlad Tenev said the company has received numerous requests from private companies looking to allow retail investors to participate in their equity trading through blockchain-based tokens.

The platform is currently only available in the EU and supports the trading of over 200 tokenized U.S. stocks, five days a week. At the same time, the platform also ran a promotional campaign, giving away non-tradable tokens representing private companies such as OpenAI and SpaceX. [BlockBeats]