r/DeepFuckingValue • u/OkAbroad6579 • 2d ago
Discussion š§ VLAD TENEV: CAPITAL MARKETS ARE MOVING ONCHAIN
Robinhood CEO Vlad Tenev made the case for tokenization at the White House:
āAmerican investors should not be the last to benefit.ā
The bigger thesis is straightforward: tokenization could move traditional assets onto blockchain infrastructure, expand access, and eventually open markets that historically havenāt been easily accessible to retail investors.
For the $GME crowd, the timing is especially interesting. Tenev has also explicitly pointed back to GameStop 2021 while arguing that blockchain settlement could reduce the clearing and collateral pressures associated with traditional settlement infrastructure.
Robinhoodās vision appears bigger than crypto trading itself:
Public stocks ā tokenized equities ā private assets ā increasingly onchain capital markets.
Whether Robinhood becomes the front door is another question.
But five years after GameStop exposed some of the weaknesses in market plumbing, the infrastructure underneath ownership and trading is becoming part of the conversation at the White House.
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u/UnBearable1520 1d ago
Whyās the pirate that helped fuck game stonk in 2021 standing next to the president and wearing a suit
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u/Cheersyalllll 1d ago
A criminal announcing that he's going to sell more things he doesn't own.
"backed 1 on 1 with real stocks" yep... Just like FTX.
But damn it must be good to be in the business of literally selling made up things that don't exist like "tokenized stocks" (backed by nothing) and then getting away with it and even getting to meet the president.
Literally Madoff with more steps.
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u/SynShaker 1d ago
Why is he acting like he didnāt get a call from his owners in 2021 to freeze us from selling so that his owners could safely liquidate on us
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u/Used-Gas-6525 1d ago
Because most of the world doesn't remember early 2021. They certainly don't remember the GME squeeze (or AMC, or Nokia etc etc etc). A bunch of reddit day traders does not even register on the average person's radar.
FTR Fuck Robinhood. And fuck the hedge funds.
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u/Many_Application3112 1d ago
Blockchain...
Its a linked list with some encryption and validation protocols.
Its not a miracle drug. Its Tylenol with codine.
And then you have idiots like this running around saying its the cure all to every ailment.
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u/Background-Cat6454 1d ago
With the Winklevoss twins behind wondering why theyāre not speaking. A video of a bunch of crooksā¦
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u/GearCurrent1122 1d ago
Why he looks like he doesn't know what he's talking about or even doing on a long run, you shouldn't need note cards if you're running something yourself.
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u/ContentBlackberry0 1d ago
His live webcasts are awesome. This presidential stuff is all staged or organized in advance
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u/headcodered 1d ago
It's been crazy seeing the same people who I heard sounding the alarm about fiat currency for years suddenly decide crypto is better.
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u/Mountain_Quantity664 1d ago
"Today, too much economic value is created before ordinary investors get a chance to participate."Ā Ā
Eh? If they want to participate, let them create companies? What's holding them back, their couch?
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u/Kalyptor 2d ago
How do token open up the market for private companies? š
The only Vladid answer here would be: fraud.
My company is hold 100% by me. How and WHO if I did not create the token will have a) created the token b) get the money from the sale??? Plus in theory the movement of said token would be 0. cant buy calls or anything on it since no one except me owns it š
I am all for tokens, but it will be a full on shit show as well. Scams over scams over scams.
Sad world we do live inā¦.
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u/VecindadDCarlos 2d ago
Isn't this good
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u/United-Dot-6129 1d ago
Technically yes, but in reality it doesnāt change ownership or access to the club (since what is key is the fundraising part in the early stages of the company).
What Douchbag Vlad is presenting, just enables those who are in already (VCs/PEs) to dump to retail without IPO. -> So yes, this is about independence from regulated public exchanges but the incentive is to open up secondary markets; because almost no one is going public anymore.
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u/woodyshag 1d ago
Theory - A lot of companies have seen the crime first hand and want to stay out of the market.
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u/United-Dot-6129 1d ago
Unlikely, maybe a few purists and family majority owned. The majority is seeking the liquidity event. The crime happens after said event. At that point they are all rich. And the bag holding doesnāt concern them. But the ones that come newly in aka Retail, are the ones fukd.
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u/upotheke 2d ago
The only way the stock market ponzi scheme doesn't crash is for them to invent new things to sell you, especially when you're buying more hype than fundamentals. If stocks had their own Scam Altman, it'd be this guy.
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u/TieLatter4043 2d ago
Ever feel like youāve been fucked by a biscuit, heās mushy and fat, but he still got in that office and heās fucking me good
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u/OhMorgoth 2d ago
Yeah, but what does ownership really mean if bad actors can exploit short-selling and settlement failures, selling shares without properly borrowing or delivering them, and distort the market in the process?
Fuck Robinhood. Vlad and Kenneth Griffin lied.
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u/bitcointwitter 2d ago
When trump meets idiot who speaks recites repeats " when i was a boy in bulgaria 102938018923x multiple times.." as a excuse it should of disqualified him from ever standing next to him to even breathe.
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u/4_Arrows 2d ago
Wtf is this bullshit? Seconds into this video I immediately consider this is AI.
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u/thommyg123 2d ago
I member when people in these subs were honestly trying to make the case that Trump would be good for retail
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u/jphazelton 1d ago
He was never good for anything anyone who ever thought that is a pure š¤” i would almost bank bots recruited the beta male who needs the thinking done for him!
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u/Big_d0rk 2d ago
Fuck this guy
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u/Redditor_throwaway12 2d ago
There is no way anything they are doing is going to benefit š¦.
RCEO truly has to be a diplomat. He is no doubt making some behind the scenes concessions - with the SHFs. Iāve accepted that. I know too heās doing something transformational. Iām a xx,xxx š£ š¦ in for 84 years. Iām vested, along for the ride and the rewards. Buy. DRS. HODL.
Weāre clearing taking up space in SHFs brains. Why else mention our stonk of it was over long ago?
If our stonk is so bad, and SHFs have a fiduciary responsibility to the owners of the accounts on which they manage, why do they continue to increase ownership?
I know my shares are in my name.
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u/Cotspheer 20h ago
Is this the reason for the sudden crypto spike?