Robinhood Is Changing the Rules of Investing

Johann Kerbrat, Robinhood's crypto head, discusses the launch of Robinhood's permissionless blockchain and its implications for retail investors. Key highlights include Robinhood Earn offering ~7% yield on USDG stablecoins backed by Lloyd's insurance, tokenized stock tokens enabling 24/7 trading and collateral use, and the broader tokenization of real-world assets. He also outlines the role of blockchain as infrastructure for AI agentic trading. - Robinhood launched its own permissionless blockchain with a developer ecosystem. - Robinhood Earn provides an insured ~7% yield on USDG stablecoin lending. - Tokenized stock tokens allow weekend trading, collateral use, and DeFi integration. - Tokenization extends beyond stocks to real estate, art, and private equity. - Blockchain seen as backbone for AI agentic trading, giving retail investors institutional-grade tools. - Platform aims to dissolve the boundary between TradFi and DeFi.