Robinhood CEO: Trump's Presidency Will Accelerate RWA Asset Move to Chain
On 25 December, Robinhood CEO Vlad Tenev reportedly predicted that stocks and other traditional financial (TradFi) assets will eventually move to the chain like cryptocurrencies. He stated that the use of Blockchain technology can increase efficiency and therefore the adoption of blockchain technology by the traditional finance industry is inevitable.
Additionally he predicts that US President-elect Donald Trump and his administration will enact policies that will accelerate the movement of stocks, private companies and real-world assets (RWAs) to the chain by tokenising them.
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