DEX in the City: Why Everyone Is Overreacting About the Terra v. Jane Street Lawsuit
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You know, we're we're probably the first chain to launch with the stock token as part of the the native part of the chain itself.
I think tokenized securities in particular, there's no there's no doubt that's where the future is, how how we get there in each jurisdiction is a big question mark. Right?
AI and crypto are in the same room now, but the room's sort
of on fire. Right? This is my joke with with crypto legal or global companies. It's like, oh, you wanna do this? Hold on. I'll be right back. I just need to check all the laws in all the countries in the entire world. Hi, all, and welcome to Dex in the city where the wallets are cold and the takes are hot. First, we have Jesse, web three prosecutor turned web three protector at Rivet Capital.
Hi, everyone. Excited for this one.
I'm your host, Katherine KK, fluent in TradFi and conversant in deep tech over at StarkWare. V is out this week, but we have some truly fantastic guests from Robinhood for the first half of the pod. But before we get going, as always, remember, we are lawyers, but we're not your lawyers. So nothing you hear on Dex in the City is legal or financial advice, and it doesn't create an attorney client relationship. For the fine print, as always, check unchainedcrypto.com. So before we dig in, we're gonna take a quick moment to hear from our sponsors, and then we're gonna get to the good stuff.
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And we're back. Today, we are very lucky to have not one, but two guests from Robinhood, Koi and Sung. Koi handles all things legal for Robinhood crypto, and he is perfect for today because he, like the, is ex SEC and a law firm partner and all types of other impressive things and a very good guy to boot. He actually ended his tenure at the SEC as counsel to our favorite, Hester Peirce, who, as many of you know, heads the crypto asset task force. Song is head of product at Robinhood Crypto and formerly Aquant, which in TradFi language means the people who are smarter than everyone else. So tha
Sure. Yeah. Great question. So we we did recently launch, our public test net for Robinhood Chain. For those who don't know, it's a layer two blockchain, designed to accelerate the development of on chain financial services and specifically tokenization. We're really excited about this. We think it's gonna build the groundwork for an ecosystem, for all the tokenized assets that both Robinhood itself will produce, but alongside builders in the industry as well. And the response has been really awesome. We have close to 9,000,000 transactions on Testnet. I didn't check the numbers right before t
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