00:00It's Benzinga bringing Wall Street to Main Street
00:02Robinhood is expanding its crypto-linked products and tokenized securities as CEO Vlad Tenev
00:08pushes to expand global access to U.S. financial assets, according to Benzinga.
00:14Tenev told CNBC that Robinhood stock tokens give users in more than 120 countries economic
00:20exposure to U.S. shares and are backed one-to-one by underlying stock. Needham analyst John
00:26Tadaro said, improving crypto activity and products, including Robinhood chain, perpetual
00:31futures and prediction markets, could support future growth. He said crypto markets may have
00:36bottomed and described the recovery as being in its first innings. Tadaro also warned Robinhood's
00:42rapid product launches could create regulatory and legal challenges. Shares fell 0.46% to $116.80
00:52Wednesday, according to Benzinga Pro data. For all things money, visit benzinga.com
