Robinhood CEO Vlad Tenev is a policy of professional intelligence, cryptography and the Trump administration. In a recent interview with Bloomberg, TENEV spoke in depth about his vision for a market for regulatory shifts.
Regarding President Donald Trump’s impact on the market, TENEV believes that the current administration can create a stadium where both AI and Crypto can coexist and prosper. he I look forward to it The government will adopt clearer regulations and work closely with the private sector to ensure that the United States will lead in most industries.
“They have smart people thinking through these issuesHe repeatedly said that reducing bureaucracy and clearer rules could encourage more companies to innovate and expand.
Do crypto and stocks need a merged market?
While some analysts may consider Crypto as another asset class, the 38-year-old Tenev sees it as a technical tweak that complements traditional financial markets.
“I like to think of crypto as a lesser, clear, tradable asset, and a more newer technology. Therefore, along the filing cabinet and pen and paper chain, on the mainframe. If there is a tradeable token on all blockchains and it is liquid, it is essentially an IPOHe explained.
Under the direction of a Bulgarian-American businessman, Robin Hood jumps into the forecast market, and now users can bet on events like elections, such as decentralized betting markets. Polymate.
Still, TENEV argues that the market for his platform is not necessarily gambling. Because odds are controlled by regulated exchanges rather than “set by the house.”
“What it allows is a better price discovery. Just like assessing how you look at the stock market today, how tariffs will progress, and how it will affect the economy.” he explained.
AI is currently part of the financial industry
In 2023, TENEV collaborated with programmer Tudor Achim to create Harmonic, an AI startup focusing on mathematics Super Intelligence. According to two co-founders, Harmonic’s leading language model (LLM) is “enable to advanced mathematical reasoning and problem solving.”
Robinhood CEO argues that advances in AI-driven mathematics could increase improvements in fields such as physics, biology and chemistry, and create “breakthroughs” in energy production and lifespans.
“When you become superhuman in mathematics, you become superhuman in the essentially quantitative scientific domain and begin to make serious progress in issues such as energy production, lifespan, and basic physics.. ”
To conclude the interview, TENEV believes that in the financial markets they have done more to make it impossible for AI to ignore its existence.
“Much of AI’s investment interest is concentrated in Nvidia. It will become the number one stock in Robinhood, surpassing Tesla, which itself is another AI stock. If technology management is concentrated in the company, you must be an investor. ”
Robinhood crypto activity continues with market downward trend
In other developments, Robinhood shares surged around 7% in pre-market trading on Thursday, up 130.57% over the past year. Price rise comes after the recent Deutsche Bank Called Recent sales of stocks sell “good purchase opportunities” and support claims against the platform’s trading volume in increasing stock, options and customer deposits.
However, the current crypto market slump is taking a blow to trading volume. According to press release Robinhood, released Tuesday, recorded $14.4 billion in Crypto trades in February alone, down 29% from the previous month.
In contrast, stocks and options trading saw only a slight decline of just 1%. Still, the company’s crypto trading volume doubled that level from the previous year.
Robinhood’s overall assets (AUC) in custody was $187 billion at the end of last month, a DIP of 8% since January, but an increase of 58% year-on-year. Net deposits reached $4.8 billion for that period. This represents an annual growth rate of 28%.
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