ROLLUP: Robinhood's Announcement Sets off Stock Tokens Frenzy
Episode publishedPodcast: BanklessBankless
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Thankless nation for all our American listeners out there. Happy fourth of July. Happy fourth of July to you, David. How you doing? You're you're not actually in America in the 4 July, are you?
No. I am in France where everyone celebrates fourth of July every year. Right? I
don't know, man. You tell me I've never been there for fourth of July. What are you doing in France? Oh,
it's CC week this week. One of the oldest running Ethereum conferences. Unofficial, like, not not thrown by the EF, just bootstrapped by the community, and it's been running ever since, like, honestly, I think before I even got into Ethereum.
Are you guys responsible for this, 7% ETH increase on the week? Is that you? Is that ETHCC? I
thought I thought that was you. Oh. I thought that was you holding down for it. Happy
to take credit for 7%. Alright? We're gonna talk about that. We got a lot more. Actually, I wanna talk to you more about ETHCC, but let's give them a tour for what's in store on the Bankless weekly roll up. Tokenization week? David, what's what's all this about?
Three different companies all decided to launch tokenized stocks on different blockchains this week. Not just Robinhood, not just xDox on Solana, but also Gemini is entering the fray with tokenized stocks both on, Arbitrum and also on Solana. So just three different companies just coming in with tokenized stocks. I I guess they chose this week to launch them all.
That was a good week to do it. Also, a big win for Ethereum this week. So that Robinhood news that you mentioned, that's all happening on an Ethereum layer too. First, Arbitrum and then an Arbitrum chain. So you gotta give us a download on that. And, David, I wanna tell you about Tom Lee. This guy is going on CNBC, and he is pumping our ETH bags, my friend. And I actually think this is the most bullish thing I've seen happen to Ethereum this year, and I wanna tell you why.
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