Vlad Tenev Wants to Tokenize SpaceX & OpenAI on Robinhood

Robinhood CEO Vlad Tenev returns to Bankless for a wide-ranging conversation on the future of tokenization, crypto regulation, and Robinhood’s evolving product suite.

Vlad lays out a bold vision for bringing tokenized assets like SpaceX and OpenAI equity to retail investors, discusses the role of prediction markets as "truth machines," and introduces Robinhood's latest products: Strategies, Cortex, and Banking.

This one’s a big glimpse into where TradFi and DeFi collide.

------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24

https://bankless.cc/spotify-premium

------

BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi

https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN

https://bankless.cc/unichain

⚖️ARBITRUM | SCALING ETHEREUM

⁠https://bankless.cc/Arbitrum

🛞MANTLE | MODULAR LAYER 2 NETWORK

https://bankless.cc/Mantle

🌐CELO | BUILD TOGETHER AND PROSPER

https://bankless.cc/Celo

🏦INFINEX | THE CRYPTO-EVERYTHING APP

https://bankless.cc/Infinex

-----

✨ Mint the episode on Zora ✨

https://zora.co/coin/base:0xa77995768d39c157180262d352f86f39ac1b3fbd?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

------

TIMESTAMPS

0:00 Intro

5:54 New Administration

12:19 Tokenization

16:18 Tokenized SpaceX

18:12 An IPO Alternative

23:39 Prediction Markets

25:40 Kalshi

29:58 Future of Prediction Markets

35:58 Robinhood Banking

38:27 Robinhood Cortex

44:08 Robinhood Strategies

49:04 Cash Delivery

52:10 Crypto Listings

54:37 Why Distinct Apps?

56:32 How Bankless is Robinhood?

1:00:42 Closing Thoughts

------
RESOURCES

Vlad Tenev

https://x.com/vladtenev

Robinhood
https://robinhood.com/

Washington Post Op-ed

https://www.washingtonpost.com/opinions/2025/01/28/investing-crypto-tech-robinhood-stock-market/

------

Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠