what can be (tokens) unburdened by what has been (stocks)
AI summary of the linked articleRobinhood used its "to catch a token" event at ETHCC in Cannes to announce tokenized stocks and ETFs for European users, starting with 200 names including Apple and Tesla, trading commission-free 24/7. The announcements also included tokenized private company shares such as SpaceX and OpenAI and Robinhood Chain, a layer 2 built with Arbitrum's technology, with Arbitrum receiving 10% of sequencer fees. The author argues that Ethereum benefits from Robinhood's choice of Arbitrum, and that Ethereum's infrastructure focus, rather than memecoin activity, is why traditional finance chose it. |
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