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Robinhood CEO Says Tokenization May Be Key to US Dominance

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Throughout the year so far, the rise of digital assets has shown a notable shift in the financial markets. However, this is not expected to be limited to just cryptocurrencies. Indeed, Robinhood CEO Vlad Tenev has recently said that tokenization may be critical to the United States’ continued financial dominance. In a recent opinion piece authored for The Washington Post, Tenev discussed the growing tokenization trends. Moreover, he shared his belief that the US will lose any competitive edge in financial markets without first establishing clear rules and regulations for tokenized securities. Source: Watcher Guru Also Read: Robinhood and Revolut Consider Launching Their Own Stablecoins Robinhood CEO Says US Will Lost Financial Edge Without Tokenization Clarity The last month has seen a massive shift take place in the United States. With the arrival of US President Donald Trump, the country has shifted its crypto policy. Moreover, Trump has recently said the country will stand as t...

CME Group to Launch Options trading on Bitcoin Friday Futures

Chicago Mercantile Exchange Group (CME), the world’s leading derivatives marketplace, says it will introduce options on Bitcoin Friday futures on February 24. The move follows CME’s decision to launch XRP and SOL Futures in February as well, all pending regulatory approval. JUST IN: CME Group to launch options trading on Bitcoin Friday Futures. — Watcher.Guru (@WatcherGuru) January 29, 2025 “We are pleased to offer these new options that provide traders with even greater precision to manage short-term bitcoin price risk,” said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. “Building on the success of our Bitcoin Friday futures, the smaller size of these contracts, along with daily expiries, offer market participants a capital-efficient toolset to effectively adjust their Bitcoin exposure.” These new contracts will be the first CME Group cryptocurrency options to be financially settled, according to a CME press release. The contra...

Robinhood plans to list Bitcoin ETF soon as this new hybrid exchange joins the race

Robinhood to list SEC-approved Bitcoin ETFs, aligning with the convergence of crypto and finance. Pullix, powered by PLX token, introduces a hybrid crypto exchange. The PLX token pioneers “Trade-to-Earn” in the DeFi space. In a major development for the crypto space, trading app Robinhood is gearing up to list spot Bitcoin exchange-traded funds (ETFs) after the recent approval by the SEC. This move comes as a response to the SEC’s historic decision to green-light 11 spot Bitcoin ETFs, marking a pivotal moment in the world of cryptocurrency trading. Meantime, as Robinhood sets its eyes on the Bitcoin ETF market, a new hybrid cryptocurrency exchange platform called Pullix scheduled for launch this January is making waves in the crypto space. Robinhood’s foray into Bitcoin ETFs Robinhood CEO Vlad Tenev took to social media to share the platform’s eagerness to list the 11 newly approved spot Bitcoin ETFs. Emphasizing Robinhood...