Robinhood CEO Claims ‘Crypto Will Replace Traditional Finance’
Vlad Tenev is a renowned crypto bull and is doubling down on his stance that crypto is set to take over traditional financial markets.
Financial services giant Robinhood continues to double down on its pro-crypto posture as its CEO, Vlad Tenev, tells CNBC that crypto will eventually replace traditional markets.
Tenev suggested that instead of looking at crypto as a market of assets that can be traded or invested in, it should be viewed as an infrastructure layer.
“I do think that [for] crypto itself, there’s two ways to look at it. One is a tradable asset like options, futures, and equities, the other is at the fundamental underlying technology. In the second lens, it’s the next stage in evolution. We’ve gone from paper and pencil,…
