CoinDesk·4 min read·hard
Inside Robinhood’s high-stakes bet to onboard 10 million casual users onto decentralized finance
O
Oliver Knight
✦AI Summary
Robinhood is attempting to onboard 10 million users into decentralized finance through its new blockchain platform. While the chain has seen a surge in volume, it currently faces challenges with low real-world asset adoption and high reliance on speculative trading.
The popular trading app argues that its opportunity is not to take volume from established crypto-native venues, but rather to leverage Robinhood’s more than 10 million active users to bring new investors into tokenized assets and onchain derivatives.
technologycryptobusiness
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