Home BlockchainTokenization May Stop Stock Trading Freezes: Robinhood CEO

Tokenization May Stop Stock Trading Freezes: Robinhood CEO

by Vivek Kumar
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Tokenization May Stop Stock Trading Freezes: Robinhood CEO

Tokenized stocks could help prevent the trading freezes that commonly occur on traditional exchanges, such as the GameStop meme stock halt years ago that locked out traders, says Robinhood CEO Vlad Tenev.

Tenev said in an X post on Wednesday that the GameStop trading freeze in 2021 was “one of the strangest and most visible equity market failures in recent history,” caused by complicated rules stemming from the two-day stock settlement period at the time.

“What happens when you combine slow,…

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