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@six
it feels like various teams, albeit at different stages, are competing for the vision of the Finance Superapp - HL: "the blockchain to house all of finance" - CB: bringing coinbase onchain, bringing base to CB, tokenizing $COIN and presumably other equities soon, lending in-app via morpho, etc. - HOOD: expanding to crypto, prediction mkts, gambling, memes - Phantom: aiming to build "the world’s biggest and most-trusted consumer finance platform" the similarity across all seemingly is a merging of all financial activity all into one mobile app for consumers (some deviations, i.e. no HL mobile app, no tradfi stuff from phantom etc.)
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If you had to go all in on one of those three, which would you pick?
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Probably Robinhood seems best positioned, it feels easier for them to gain crypto share than for CB/other crypto cos to gain tradfi share
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Do you think that % of trad is larger value than the % share the others can win in crypto?
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hmm you mean robinhood's current % of trad vs. the % of trad that crypto cos can win? don't have a super intuitive answer honestly, my gut says crypto cos adding tradfi will be more about expanding the mkt than winning the existing share. in the other direction i think RH would have a similar effect for crypto, e.g. they wouldn't take coinbase's share but they would expand the amount of people trading/investing in crypto
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