Robinhood Plans To Launch ‘Military Grade’ Chain Optimized for Real-World Assets, Says CEO Vlad Tenev

The CEO of Robinhood, Vlad Tenev, says that the trading app giant is planning to launch a highly secure blockchain for real-world assets (RWAs).

In a new interview on Bloomberg Television, Tenev says that Robinhood is working diligently on launching its own blockchain for RWAs, the tokenization of traditional assets on distributed ledgers, or the issuance of traditional asset classes in the form of digital tokens.

“We have been working on our own chain, the Robinhood chain, and we’ve been hard at work. We’d like to have that powering the underlying infrastructure and all the DeFi (decentralized finance) elements. We want it to be the best chain optimized for real-world assets, which I think is an important niche that’s missing in the market.

And

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