Crypto prices remain mired in a prolonged slump, but Robinhood CEO Vlad Tenev says the company remains bullish on the broader sector. During a first quarter earnings call on Tuesday, Tenev said he wants to get away from a strategy based around the price of Bitcoin, and focus instead on the finance industry’s rapid adoption of blockchain infrastructure.
“We’re at the very beginning of what will be a tokenization supercycle,” said Tenev, pointing to recent initiatives to tokenize stocks. In a follow-up interview with Fortune, Tenev said this process will be disruptive but that it will create value for both investors and the broader financial industry.
