
Robinhood's Tokenization Gambit: Savior or Siren Song for US Markets?
Robinhood’s European adventure, tokenizing US assets on the blockchain? Increased market access for European investors, reduced costs, and allegedly, increased competitiveness for American firms. Vlad Tenev paints a pretty picture. I can’t shake this feeling. It seems like we’re being sucked into a debt-financed death spiral, entranced by a canary...