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"It's a sign that crypto actually built infrastructure that works. But is it bullish for the projects and tokens involved? I'm not sure it is" Joshua Frank on what Robinhood building on Arbitrum really means for crypto "There's a reason Robinhood is choosing to do this onchain. They can...

31,292 görüntüleme • 14 gün önce •via X (Twitter)

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Tomorrow, we publish a new The Edge Podcast with Robinhood GM of Crypto, Johann Kerbrat. This clip might be the clearest articulation I’ve ever heard on why Ethereum's roadmap is working, and why Robinhood chose to build its own L2 using Arbitrum. + Ethereum offers security, with proven decentralization + New L1s = centralized databases + EVM liquidity is essential for tokenized stocks & RWAs + Arbitrum’s tech stack wins on engineering merit No edits. No spin. Just a major U.S. fintech explaining why they’re building the future of finance on Ethereum. Real validation for those of us who are long term Ethereum/ETH investors. Here is the clip and transcript for Johann answering why Robinhood chose to build its own Ethereum L2: "You see a lot of companies right now building their own L1. And for us, we felt excited about this idea where we can control anything that we want to build and we don't have to deal with any other chain to talk to or anything like that. But at the same time, creating the security of a real proper decentralized chain is extremely difficult, as you know. And we basically get that for free with Ethereum. The network has been going on for a very long time now and the security is stable and it's decentralized. And I think that's really the key two points that we wanted to have. When you look at some of these new L1s that are being created, it's not really decentralized and it's not really secure. So at the end of the day, you're basically having like a... fancy database that is probably a bit slower to use than an actual database. And so we didn't really see the value in that. With Ethereum, we get the security by default. The second thing that we get by having an L2 is that you get all this liquidity that is already part of all the EVM compatible chains. And that was also a very important decision factor for us. If we really want to bring the stock market onto the chain, we need to have this liquidity. It's not going to be possible if it's in a closed loop or in a closed chain that nobody can access and you need to have like 20 different hoops before you can bridge to that chain. So for us, that was kind of the two elements that we really wanted to focus on and that's why we decided on building on Ethereum. And then we decided on Arbitrum mostly because we love the technology. There's a few things that we are excited about. For example, Stylus. It's a way that we can basically use different language into the chain and we can build on top of that. We also like the way that they prioritize transactions that is, we think, a better way than some of the competition. And so basically we'll use the Arbitrum stack and we'll create our own L2, which will make us also compatible with all the Arbitrum chains. And so we think it's kind of the best of all the worlds. But for us, the idea is like we will start with public stock, and then we think that we can tokenize anything really, not just stocks. It can be private stock, it can be art, it can be real estate, whatever you want to think of. And so we really wanted to have a platform that is kind of easy to build on and we can keep adding on it. At the same time, we know that regulation are going to be hard on some of these products, especially when it comes to financial products. You always have different regulators. You have different rules depending on the region. If you're in the EU versus the US versus LATAM. And so we felt like we wanted to have our own layer that we could customize for these needs. And then anyone that is building on the chain will also be able to benefit from what we are building, versus just putting everything in a contract that will be just good for the people that are using the Robinhood contracts. But so at this point, we announced the chain in June. We are in private test right now, and then we'll do more announcements in the future." Subscribe for the full episode tomorrow! ► Newsletter: ► Spotify: ► Apple: ► Youtube: ► Pods:

DeFi Dad ⟠ defidad.eth

62,600 görüntüleme • 7 ay önce

EXCLUSIVE: Robinhood is going to pay 7% on dollars to 27.7 million customers. In this Interview Johann Kerbrat, their SVP of Crypto explains how it all works. Robinhood Earn lives inside the main investing app. You can buy the USDG stablecoin in a few taps, and it gets deployed into vaults built with Morpho and Steakhouse, and the target yield is roughly 7%. Where does 7% come from? Market makers and liquidity providers pay it. These are traders who need USDG liquidity to run spot and perps trading. Your deposit is funding someone else's 50x leverage, and you're the one getting paid for it. Assuming you get paid back. Which, as we've seen, doesn't always work in DeFi with hacks and smart contract risk. But Robinhood has done something extra to make this retail-grade. Robinhood's answer is an insurance program with Lloyd's of London and Relm covering smart contract and vault failure. He says it's one of the largest ever built for a crypto product. Earn was one of 12 announcements; some others that caught my eye: Stock tokens in 120+ countries, backed 1:1 by real equities. You can withdraw them to a self-custody wallet and post them as collateral. Borrowing against a stock portfolio used to be a private banking perk; now it's a smart contract. Robinhood Chain went to public mainnet after 200 million transactions on testnet. Perps on stocks, crypto, and commodities at 20 to 50x leverage, bringing an entire new asset class to the mainstream. Robinhood is all in on DeFi. DeFi protocols spent a decade fighting for users. Robinhood just made a Morpho vault look like a savings account, in front of 27.7m funded customers. See the 15-minute highlights below and the full episode on the Tokenized Podcast youtube channel Full interview with Johann on bryton k. YouTube

Simon Taylor

336,695 görüntüleme • 12 gün önce

Robinhood CEO: In the future there will be no distinction between crypto and traditional finance “I think that crypto technology has so many advantages over the traditional way we’re doing things that in the future there will be no distinction. It’s kind of how technology itself was viewed as a sector of the economy for a very long time… I think crypto will go through the same transition where we’re still thinking about it in its own bucket but eventually everything will be on-chain in some form or another and the distinction will disappear.” Robinhood CEO Vlad Tenev explains why this transition is taking so long: “I think the challenge with traditional finance — particularly on the infrastructure layer — is they have a lot of stakeholders, and if you think about where they generate the bulk of their revenue, it’s not from crypto-related initiatives. And a lot of these stakeholders, because they’re quite big, are going to be resistant and slower to adopt technologies. They’re going to be late adopters. They’re going to wait until it’s proven before adopting it, and that’s why we [Robinhood] have had to do greater vertical integration than we would normally want to do in TradFi. We acquired Bitstamp. We have our own exchange. And we have our own chain because I don’t think — to be at the frontier of crypto — you can rely on traditional infrastructure providers. I think they’ll get there eventually but it will take a very long time.” Ethereum will be the global settlement layer for this new financial system, and ETH will be its money. ETH is the base pair for trading on The Robinhood Chain, the highest volume asset, and the gas token to pay for blockspace. Source: TOKEN2049 (Oct 2025)

Etherealize

130,060 görüntüleme • 6 gün önce

"Those monopoles... the 5G on buildings... that's the telecom staking their environment... [it's the] claim [that] they own you, they're going to surveil you...[and the FCC's] opened...the exact bandwidth that is actually weaponized... [and was] used in a theater of war in Iraq" This clip of Reinette Senum (Reinette Senum), a former mayor of Nevada City, California, is taken from an episode of the Children's Health Defense (Children’s Health Defense) series Financial Rebellion posted to Rumble on November 20, 2025. ----------------Partial transcription of clip--------------- "So what we're seeing is, and I'm trying to give some visuals to people, is that this is a chain to, that's going to ensure enslavement. And really they've just got one last link, that's it left, which is scary, but it's also the Achilles heel. And that's where we can really just draw the line and drop the gauntlet. And that link are, are these cell towers, the actual antennas being just popped up everywhere? Because they've got that framework, the infrastructure is there, those are those lines or they're underground. They just need to be able to put the antennas up without any interference whatsoever. "What people also don't realize there's a lot of really nefarious little things in the small print. But when a county or a city actually gives a contract to the telecoms and passes it, what people don't realize is those contracts are generally for 25 years and more than likely it'll be even longer than that because it's just, usually it's consent item. They just, you know, with one, you know, you know, one fell swoop, they just approve everything on the consent items. There's no discussion, no public discussion, no anything, no environment views. And then they add a different type of antenna. "So when those poles, those, those monopoles or the 5G on buildings, whatever, that's the telecom staking their environment. Their, their real estate claim. This is essentially vertical real estate. And the reason why they want to claim it and oversaturate it is because when they stake that claim, they own you, they're going to surveil you, they're going to spy on you, they're going to control you. They're going to take all that data where you're shopping, where you're spending, who you, where you're driving, what you're doing, all of your whereabouts, all of that data, they're going to collect it. "What we do know too, and you have to ask, why would the FCC do this? Was just a few years ago the FCC opened up a bandwidth, okay, so you have this spectrum and they only allow so much of this bandwidth to be sold and auctioned off to the telecoms. And what they did was a few years ago is they opened it up to the millimeter wave, to the exact bandwidth that is actually weaponized, is militarized, is used in a theater of war in Iraq. "We have a couple examples of what it can do. In 1991, military was celebrating. This is so phenomenal. We use the Millimeter wave. And what we did is we actually supplanted the, the voice of Allah into the soldiers and the farmers and the ranchers down below on the ground in Iraq. And we told them to give up their arms, put up their hands and you know, turn themselves in. It was a great it was a great win. It's like, wait, you did what to them? "Then I had another roommate of mine who's a former Air Force flight surgeon saying, oh yeah, we used to fly, you know, above Middle East and we would shoot down a beam of 5G and we would scramble the brains of anyone down on the ground. And then the foot soldiers would come along after that and shoot and kill anybody who was moving or looked alive whatsoever. And I had asked her, I said, well, this is horrific. Exactly what would that experience be to somebody on the ground? Well, they just hear a lot of static and they would then just drop dead because we just scrambled their brains. This, this is, these are the frequencies that the FCC put on the market. "Now the telecoms have this available to them. Why? Why would they ever allow this? Okay, so there's that piece. So they stake their claim, they're there for at least 25 years, but actually it's going to be longer. They have complete control and they are monitoring everything. And if they want to, they can do a slow cook or they can target. And that's the difference with the millimeter wave is... the millimeter wave actually targets the phone, it targets the person. Whereas 3G, 4G is just ubiquitous. As you send out the signal, you pick it up or you don't. There's that piece. "The other hidden piece that people do not realize is that in most of all these telecom contracts with the counties and the cities, basically they say, okay look it, you can use whatever kind of technology you want. You can go for 3G, 5G, 10G, 20G, we don't care as long as the antennas look like the original antennas when the, the whatever was installed. So that could be any kind of technology. So it could be a weaponized technology which is now what we are seeing already. And there's nothing you can do about it. "And while... they may have it on the agenda to vote on, generally there's no notification. People have no idea. Again, it's under consent items, which means there's probably 10, 20 other agenda items. They just vote all one fell, you know, swoop, just like what we kind of saw with Congress the other day. And, and it's done. There's a switch, and you have no idea. So this is also a Trojan horse. "And I try to say to people, when I look at cell towers, I see it as a towering Trojan horse for the military industrial complex, the surveillance state, the whole digital dystopian, you know, prison that we're talking about. This is the only way they can do it. The only way they can do it is by having these antennas everywhere. And while they do have satellite, there's more wiggle room there. But this is how they're going to do it. What's happened now is the FCC and congressional members, are paving the path where nobody can stop it."

Sense Receptor

17,053 görüntüleme • 7 ay önce

“I'm not a huge hater of the institutions. I wasn't a huge hater of altcoins. These institutional products are just kind of altcoins. People can go make their money. Go do your thing. But it's not Bitcoin. An ETF is not Bitcoin. With these centralized projects, you're not getting the core values of Bitcoin, the control, the censorship resistance, the privacy. You're putting it in a centralized wrapper, and if you put Bitcoin in a centralized wrapper, you lose everything that's good about it. It's not Bitcoin. It's just an affinity marketing thing. It's “Hey, you like Bitcoin, go buy my other project." Just like, "Hey you like bitcoin? Go buy my altcoin." It's not the same thing, and I think in many ways it's a step backwards. I don't hate these people, but they certainly shouldn't be celebrated. It's not forwarding our industry if we do treasury strategies, if we do ETFs, we cheer for BlackRock and Cantor. That's a step backwards. It's not something to be cheerful for. It's not a victory, in my opinion. A victory is having more people have direct ownership of real Bitcoin. We now have millions of people who've been onboarded into this fake paper thing that's a claim on a claim on a claim of something that has Bitcoin in the words, but it's not actually Bitcoin. They are never actually holding a wallet like many of us did back in 2012 where somebody sent us that first dollar and you say, "Wow, this is cool. I didn't need to give my ID and I'm able to control and hold this sound money for the first time." You now have a whole generation of millions of people that don't have that. They have some junk fiat product sitting like sludge on their centralized brokerage account at the centralized clearing firm, traded on a centralized exchange, with a centralized transfer agent, and a centralized custodian, and they have to trust six levels of people on a claim for something that has the word ‘Bitcoin’ in it. It's not a victory. It's not a step forward. I don't think it's something that should be celebrated at all.”

Bruce Fenton

23,862 görüntüleme • 7 ay önce