Robinhood CEO: Has received a large number of requests from private companies to issue tokenized stocks

ChainCatcher news, according to Cointelegraph, Robinhood has attracted strong interest from numerous private companies looking to tokenize their shares after launching its stock token platform in the EU last week.

Robinhood CEO Vlad Tenev stated that the company has received a large number of requests from private enterprises wishing to enable retail investors to participate in their equity trading through blockchain-based tokens.

The platform is currently available only in the EU, supporting the trading of over 200 tokenized U.S. stocks, with trading occurring five days a week. Additionally, the platform has conducted promotional activities, giving away non-tradable tokens representing private companies such as OpenAI and SpaceX for free.