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#RobinhoodMovesUpstream Robinhood is quietly moving closer to where financial assets are actually created 👀
It just entered IPO underwriting for the first time, while ETH bridged to Robinhood Chain topped $700M, up roughly 150% in a month.
What caught my attention is the symmetry.
In TradFi, Robinhood is moving from distributing stocks to helping issue them. Onchain, it's building rails where assets can launch and trade.
That's a much bigger ambition than being a brokerage app.
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