Degen

dunno if this actually true, but they hypothetical model of tokenized stocks on a platform like Robhinood:

> Jersey SPV (Special Purpose Vehicle) 
> Regulated in Liechtenstein 
> must be KYC'd by exchange to redeem shares
> when you mint the token "stock," the SPV acquires the shares as collateral 
> trades 24/7

I know everyone is really bulled up on the Robinhood announcement and tokenized equities, and not to be a bear, but the conversation seems to lack a lot of nuance. I'm a long term bull but I expect near term expectations are WAY too high. So lets take a critical look. 

So, how

Rob Hadick ＞|＜

dunno if this actually true, but they hypothetical model of tokenized stocks on a platform like Robhinood:

> Jersey SPV (Special Purpose Vehicle) 
> Regulated in Liechtenstein 
> must be KYC'd by exchange to redeem shares
> when you mint the token "stock," the SPV acquires the shares as collateral 
> trades 24/7

https://x.com/HadickM/status/1940018046833201168