The Chief Executive of Robinhood Robinhood from the retail trade says that the tokenization of traditional assets could guarantee the dominance of the US stock market.
In a new interview on the bankless YouTube channel, Robinhood CEO Vlad Teev out That crypto -activa -tokenization will stimulate the US stock market in the same way as Stablecoins help to establish the dominance of the US dollar.
“Tokenization of effects, which we are very enthusiastic about, allows you to be the owner of companies …
Stablecoins are rightly seen as an area that could increase demand from individuals abroad, because governments become sensitive to diversification of holding treasury.
So in the same way that the Stablecoin legislation can continue the US dollar dominance, I think that tokenized effects can really continue the American company dominance on the world market. “
Tenev notes that by token effects on global block chains, investors outside the US will be able to invest in a matter of clicking in American effects – instead of going through the cumbersome process of traditional banks and trading platforms.
“It is very difficult to invest in an American company when you are abroad, and therefore in the same way that Stablecoins made it easy to get dollars, tokenized effects will do that [grant] Easy access to American companies, so we are enthusiastic about that.
I think that’s good for the companies [and] Good for people outside the US because they have access to these effective tools for building wealth, which is a different way to diversify when they have done so [a] Loss of purchasing power as a result of local currencies that sharp devalue.
So I find that exciting, and I think it is also good for entrepreneurs and capital formation. If you make it easier to attract capital in the US by tapping a global cryptomarket, you will get much more interesting companies. ”
https://www.youtube.com/watch?v=tmdm95rde6y
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