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Finance
Robinhood Could Be a Major Threat to Solana. Here's Why.
Tokenized stocks are becoming the focus of a lot of competition.
On July 1, Robinhood(NASDAQ: HOOD) activated 24/7 tokenized stock trading in 120-plus countries and started routing perpetual futures contracts (a type of derivative with no expiration date) through a decentralized crypto exchange called Lighter.
All that is a direct problem for Solana(CRYPTO: SOL). Here's why.
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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