ME News: On January 28 (UTC+8), Robinhood CEO Vlad Tenev stated that in the coming months, Robinhood plans to open 24/7 trading of stock tokens and DeFi services, allowing investors to self-custody their stock tokens and engage in lending, staking, and other operations. In Europe, Robinhood has launched over 2000 tokens representing publicly listed U.S. stocks. These tokens enable European traders to invest in U.S. stocks and receive dividend income. It was noted that Robinhood is committed to promoting real-time settlement of U.S. stock trading, and has already shortened the settlement period to T+1. Tokenization can facilitate lower costs and round-the-clock trading. In addition to the many advantages such as reduced costs, native splits, and 24/7 trading, putting stocks on-chain in a tokenized form can also benefit from the real-time settlement characteristics of blockchain technology. The absence of lengthy settlement periods significantly reduces systemic risk and alleviates the pressure on clearing houses and brokers, allowing customers to trade freely anytime and anywhere. (Source: ME)
