News Explorer — Robinhood Aims to Make Stock Tokens Permissionless for Users to Use in DeFi Applications

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Nov 18, 9:34 pm

Coindesk

Robinhood Aims to Make Stock Tokens Permissionless for Users to Use in DeFi Applications

Robinhood is working on a three-phase plan to transition stock tokens into permissionless assets that users can use across decentralized applications. The first phase allows users to buy tokenized stocks within the EU through the Robinhood app, but they cannot move them outside of it.

Robinhood is working on a three-phase plan to transition stock tokens into permissionless assets that users can use across decentralized applications. The first phase allows users to buy tokenized stocks within the EU through the Robinhood app, but they cannot move them outside of it.

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