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Private companies line up to join Robinhood’s tokenized equity platform: CEO

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 6 Views

Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny.

Robinhood is seeing a surge of interest from private companies eager to tokenize their shares after the firm launched its stock token platform in the European Union last week.

In a Tuesday interview with Bloomberg News, CEO Vlad Tenev said the company has received a wave of requests from private firms looking to make their equity accessible to retail investors through blockchain-based tokens on their platform.

“Since our announcement, I’ve had a deluge of inquiries, private companies that actually want to access retail to have their shares tokenized and be a part of this revolution,” he said.

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