Johann Kerbrat, head of cryptocurrency operations at Robinhood, stated on the X platform on Monday that physical redemption and voting rights are on the ro...
- Robinhood plans to enable physical redemption and voting rights for its Stock Tokens, currently tokenized debt securities.
- The company aims for a 1:1 conversion of stocks and will grant voting rights to eligible holders through its Say platform.
- Robinhood Stock Tokens have achieved over $170 million in TVL and nearly $50 billion in DEX trading volume on Robinhood Chain.
Topics: Asset types, Infrastructure providers, Institutional adoption, Equity, Tokenization platforms, Asset manager initiatives
Tags: #robinhoodstocktokens #physicalredemption #votingrights #tokenizeddebtsecurities #11ratio #tvl #dextradingvolume #saybyrobinhood