PANews reported on March 6 that according to Cryptoslate, Robinhood CEO Vlad Tenev believes that blockchain technology will eventually support stock trading, and pointed out that the infrastructure of cryptocurrency can make financial markets more accessible, cost-effective and resilient. Tenev expressed this view in a fireside chat, in which he outlined how integrating stocks with blockchain networks can eliminate many inefficiencies in traditional trading systems, allowing assets to be traded seamlessly around the clock. "There is no reason why investors should be able to trade meme coins at any time, but face obstacles when trying to invest in companies like SpaceX or OpenAI," Tenev said, adding that the blockchain technology used for cryptocurrency can also be applied to stocks, bonds and other assets.
Tenev believes that U.S. securities laws have largely limited the integration of cryptocurrencies with real-world financial assets, thereby limiting their full potential; the slow adoption of cryptocurrency infrastructure in traditional markets is not due to technical limitations, but to a lack of clear regulation. Tenev plans to attend a cryptocurrency summit at the White House later this week, where he will advocate for clearer regulations to enable blockchain technology to support mainstream financial markets.