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Robinhood Chain's tokenized stocks spark DeFi talk

Original: "You can LP it, you can trade it, you can borrow against it." Eric on what tokenized stocks unlock on Robinhood Chain, a

Robinhood's Eric says tokenized stocks on Robinhood Chain, an Ethereum layer-2 network, can be provided as liquidity, traded, and borrowed against. The comments point to the company's push to bring traditional equities into decentralized finance. Crypto commentators are weighing what this means for 24/7 stock trading and for regulation of tokenized securities.

Why now: Robinhood's move to put tokenized US stocks on an Ethereum layer-2 is drawing attention to the convergence of equities and DeFi.

RobinhoodRobinhood ChainEthereumEric

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Evidence

• "You can LP it, you can trade it, you can borrow against it." Eric on what tokenized stocks unlock on Robinhood Chain, an Ethereum layer-2. #crypto · decrypt.co@bsky.brid.gy

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