COINTELEGRAPH · 2026-10-28 03:56 UTC

Robinhood's Tenev warns US tokenization uncertainty deters 'serious assets'

Robinhood CEO Vlad Tenev says regulatory uncertainty over US tokenization rules could prevent investors from committing substantial assets to tokenized markets, despite the SEC's innovation exemption. Robinhood's crypto revenue fell 55% year-on-year to $120 million in Q3, with crypto trading volume down 38% to $50 billion. Tenev stated more rulemaking or legislation is needed for long-term regulatory certainty, while the company plans to share updates on US tokenization plans soon.

Loading the story on Tree News…