TLDR Tech / Crypto
Robinhood says SEC's innovation exemption may be too small
Robinhood crypto chief Johann Kerbrat said the SEC's five-year exemption for tokenized stock trading comes with volume and asset caps that Robinhood's offshore stock tokens, now live in 120+ countries, would already bump up against if brought to US users. He also outlined plans to add in-kind redemption and voting rights to stock tokens and confirmed the launch of perpetual futures on eight cryptocurrencies for US customers.
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