Memecoin

Robinhood

<h2 id="tldr">TLDR</h2>
<ul>
 <li>Robinhood CEO Vlad Tenev said crypto’s future growth depends on real-world assets rather than memecoins.</li>
 <li>Robinhood launched Stock Tokens to let eligible users trade tokenized equities around the clock.</li>
 <li>Tenev said tokens need underlying utility to become productive assets in financial markets.</li>
 <li>Robinhood plans to connect tokenized equities with DeFi lending pools and collateral use.</li>
 <li>Tenev said traditional financial rails will eventually move onchain through tokenization.</li>
</ul>
<p>Robinhood CEO Vlad Tenev said crypto’s next growth phase depends on real-world assets, not speculative memecoins. His comments followed <a href="https://blockonomi.com/robinhood-hood-stock-jumps-5-following-blockchain-network-launch-and-defi-expansion/" rel="noopener noreferrer nofollow">Robinhood</a>’s launch of Stock Tokens for eligible users. The product expands tokenized equities trading and supports the company’s wider onchain finance strategy.</p>
<h2 id="robinhood-pushes-tokenized-real-world-assets">Robinhood Pushes Tokenized Real-World Assets</h2>
<p>Tenev told <a href="https://www.cnbc.com/video/2026/07/02/robinhood-expands-global-tokenized-investing-and-ai-powered-trading.html" rel="noopener noreferrer nofollow">CNBC</a> that real-world assets will define crypto’s future. He said assets need underlying utility to become productive. He also questioned the value of creating many memecoins.</p>
<p>“The future of crypto is in real-world assets,” Tenev said. He added that tokens without utility lack productive value. Therefore, Robinhood wants tokenized finance tied to existing market assets.</p>
<p>Robinhood launched Stock Tokens on Wednesday for eligible users. The service allows 24/7 trading of tokenized equities. It also supports plans for lending pools and trading collateral.</p>
<h2 id="bitcoin-weakness-contrasts-with-robinhood-s-rwa-push">Bitcoin Weakness Contrasts With Robinhood’s RWA Push</h2>
<p>Bitcoin traded at $61,601.41 on Thursday morning. The asset fell 30% year to date as broader <a href="https://blockonomi.com/webull-bull-stock-dips-as-company-expands-into-thailand-and-canadian-crypto-markets/" rel="noopener noreferrer nofollow">crypto markets</a> weakened. Meanwhile, Tenev pointed to real-world assets as a stronger growth driver.</p>
<p>The crypto market has lost about $1 trillion in value this year. However, Robinhood sees tokenization as a bridge between crypto and markets. Tenev said real-world assets can move traditional products onto blockchain rails.</p>
<p>He said Bitcoin would not lose relevance despite current market pressure. Yet he argued crypto’s next phase needs more than major tokens. As a result, real-world assets remain central to Robinhood’s expansion plan.</p>
<h2 id="ethereum-and-defi-fit-robinhood-s-tokenization-plans">Ethereum and DeFi Fit Robinhood’s Tokenization Plans</h2>
<p>Ethereum also declined this year as major digital assets faced pressure. Still, DeFi remains important to Robinhood’s tokenization roadmap. The company plans to use tokenized shares in lending pools.</p>
<p>Robinhood wants users to deploy tokenized equities as collateral. That plan could connect real-world assets with broader DeFi trading systems. It also shows how tokenized products may support market activity.</p>
<p>The company is also exploring exposure to private companies like OpenAI. This move would extend real-world assets beyond public equities. Tenev said traditional rails will eventually move onchain through tokenization.</p>
<h2 id="wall-street-adoption-supports-the-onchain-shift">Wall Street Adoption Supports the Onchain Shift</h2>
<p>Institutional adoption has become a bright area for the crypto industry. Wall Street firms and payments companies now test blockchain systems. Many of those efforts focus on <a href="https://blockonomi.com/solana-dex-orca-rolls-out-tokenized-real-world-assets-platform/" rel="noopener noreferrer nofollow">tokenized real-world assets</a>.</p>
<blockquote>
 <p>Tenev said crypto is becoming infrastructure for financial markets. <em>“Everything that is running on traditional rails will eventually become onchain,” he said. He called tokenization “a freight train that can’t be stopped.”</em></p>
</blockquote>
<p>Robinhood started as a retail stock trading app. However, it now uses tokenized real-world assets to expand its crypto business. Its latest launch strengthens its push into onchain market infrastructure.</p>
<p>The post <a href="https://blockonomi.com/robinhood-ceo-backs-real-world-assets-over-memecoin-growth/" rel="noopener noreferrer nofollow">Robinhood CEO Backs Real-World Assets Over Memecoin Growth</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Robinhood CEO Backs Real-World Assets Over Memecoin Growth

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