RH tokenized stocks v1 are a good first step. Crawl, walk, run.

But the ultimate prize is a stockcoin — fully composable with the rest of crypto. Permissionless innovation.

This is why there's so much demand for Tether and USDC.

Feels like this is CeFi distribution with a crypto wrapper ..
great for onboarding retail users but fundamentally incompatible with DeFi’s permissionless ethos.

However, the distribution power of Robinhood could help these tokens outcompete existing DeFi-native tokenized assets, despite their closed design....