Robinhood Before the financial reports, the battle for tokenized stocks is about to begin
2026-10-27 21:11:02
CoinMeta Data: Before the release of Robinhood's financial report, the controversy over tokenized stocks intensifies. Recently, a full-page advertisement was published in The Wall Street Journal warning the public that CEO's cryptocurrencies are threatening their stocks. The advertisement listed eight risks, including pricing discrepancies, unclear ownership, hindered capital raising, cyber theft, market manipulation, etc. On October 15th, nine companies opposed tokenizing their stocks on the OKX-ICE platform; by October 23rd, this number had increased to 22, including Wells Fargo, Cisco, Hyundai, NVIDIA, and others. Robinhood launched its public mainnet on July 1st, with revenue in the first quarter amounting to about 51 million US dollars, exceeding Ethereum's 41 million US dollars. The platform processed approximately 650 billion US dollars in transactions in decentralized trading, of which 13.7 billion US dollars were from tokenized stocks. The stock tokens of Robinhood have sparked controversy, and CEO may respond to this in its financial report.
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Source:Decrypt
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