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Why Robinhood Are Going All in on Tokenized Stocks and Prediction Markets

August 3, 2026 · 56 min

Show notes

On Ep. 94 of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Rob Hadick, GP @ Dragonfly, Stephen Sikes, COO @ Public and Ethan Chan, Co-Founder & CEO @ Allium to discuss Tokenized stocks as a global expansion strategy for US fintechs, prediction markets surging and more!

Timestamps:

  • 00:00 Introduction
  • 0:30 Embedded wallet acquisitions and consolidation trends in crypto infrastructure
  • 2:16 Monetization challenges and value accrual for standalone infrastructure providers
  • 5:48 Comparing embedded wallets to Plaid's integration moat and maintainability
  • 9:49 Limited DeFi integrations needed versus traditional fintech like Plaid
  • 12:26 Stablecoin adoption challenges for US brokerage on-ramps and payments
  • 14:52 Tokenized stocks' small scale relative to Robinhood's core equities business
  • 16:36 Tokenized stocks as a global expansion strategy for US fintechs
  • 23:00 Institutional demand for 24/7 trading and tokenized collateral for weekend risk
  • 31:02 Stablecoins overindexed in consumer cross border payments versus fiat
  • 39:43 Prediction markets surge driven by politics, sports, and institutional hedging

Tokenized is sponsored by Visa

A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.

Tokenized is presented by Tempo.

Payments may look simple, but fraud, chargebacks, compliance and reconciliation create thousands of hidden challenges. Stablecoins help, but don’t solve them all. Tempo tackles these pain points with native account abstraction, block and allow lists, plus fast, predictable fees. Learn more at tempo.xyz

Tokenized is presented by M0

Stablecoins are becoming global financial infrastructure. It's time for that infrastructure to mature. If you're a brand, you should have your own stablecoin set to the behavior of financial flows moving through your product. If you're an issuer, you want to be the stablecoin partner for the most valuable brands. M0 is the only platform where issuers and brands get together to build digital money products for the world. Learn more at m0.org


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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!

Music by Henry McLean

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