Robinhood CEO Foresees 24/7 Tokenized Trading as Future of Finance

According to Robinhood CEO Vlad Tenev, the days of traditional 9-to-5 trading are numbered. In a recent post, Tenev predicted that the rise of asset tokenization will inevitably lead to the establishment of 24/7 global markets, a shift he believes is a matter of when, not if.

Tenev framed the current market structure, which includes closures on weekends and holidays, as a temporary limitation that will soon seem absurd. He compared this transition to the advent of mobile trading, noting that access that once felt impossible is now within reach.

Robinhood is already taking steps to realize this vision. The company is leveraging blockchain technology in Europe to facilitate 24/7 trading and faster settlements for its customers. Robinhood is also developing its own Layer 2 blockchain, built on Arbitrum technology, to support the tokenization of assets like stocks and ETFs.

Robinhood is not alone in this pursuit, as the financial industry increasingly pivots toward tokenized, always-on trading. In September, rival exchange Kraken launched its own 24/7 tokenized stock trading for global users via the Solana blockchain in the European Union, aiming to reduce friction and high fees for international investors.