Latest / The Paul Barron Crypto Show / Robinhood Chain Launch Imminent!🪶Solana Accelerate Miami 2026

Transcript

Robinhood Chain Launch Imminent!🪶Solana Accelerate Miami 2026 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Continuing our coverage here at Slana Accelerate of course. Joining
• 0:03
  Speaker 1: me now is Johann coming in from robin Hood.
• 0:05
  Speaker 2: How are you men? Good?
• 0:06
  Speaker 1: How are you nice to see you?
• 0:08
  Speaker 2: Yeah, good to see you.
• 0:08
  Speaker 1: Normally I'm watching you guys do your events and your
• 0:12
  Speaker 1: announcements and we kind of break them down in the studio,
• 0:16
  Speaker 1: but today we're going to get a chance to talk
• 0:18
  Speaker 1: a little bit more correctly with you. Let's get into
• 0:21
  Speaker 1: a little bit in terms of progress made on the
• 0:25
  Speaker 1: robin Hood chain going from test net to Maine Net.
• 0:27
  Speaker 1: Where are you guys right now?
• 0:29
  Speaker 3: Yeah, So we launched the test net back in February.
• 0:33
  Speaker 3: So far we've seen about one hundred million introlection being
• 0:36
  Speaker 3: sent on the test net, so a good activity at
• 0:40
  Speaker 3: this point. And we see a lot of developer be
• 0:41
  Speaker 3: being excited starting to use our stock token which is
• 0:45
  Speaker 3: called token nice stock offering to build new DEXes perpetuals offering.
• 0:50
  Speaker 3: We see some lending product being built as well. So okay,
• 0:53
  Speaker 3: we're very excited. Maine is soon and we think that
• 0:58
  Speaker 3: you know, it's really going to be not just the
• 1:00
  Speaker 3: launch of the chain, but also the launch of the
• 1:02
  Speaker 3: integration of the chain with all the robbin Hoot products.
• 1:05
  Speaker 1: All right, so coming soon sounds like. And you look
• 1:08
  Speaker 1: at that in terms of the advantages that this really
• 1:11
  Speaker 1: brings to Robinhood as a platform. What do you think
• 1:15
  Speaker 1: is the main core element that you think will really
• 1:19
  Speaker 1: kind of achieve a market presence here in terms of
• 1:22
  Speaker 1: moving on to a Robinhood chain right now?
• 1:24
  Speaker 3: Yeah, for us, we see it as a way to
• 1:26
  Speaker 3: expand internationally a lot faster. When we launch a stock
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  Speaker 3: tooken last year and Europe right the entire infrastructure was
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  Speaker 3: built on crypto rails and so instead of having to
• 1:36
  Speaker 3: go country by country connecting to brokerage accounts manually for
• 1:41
  Speaker 3: thirty country in the EU, we were able to do
• 1:43
  Speaker 3: it at once. And we think we can do the
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  Speaker 3: same thing but at the entire global stage using tokenized assets,
• 1:51
  Speaker 3: and not just for US stocks n ETF, but we
• 1:54
  Speaker 3: think we can connect to more exchanges from the London, Frankfurt,
• 1:57
  Speaker 3: Singapore more, but also privatelyquld real estate of small things.
• 2:03
  Speaker 3: The concept of sechnized assets works for basically any type of.
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  Speaker 2: Festa, not just the Dora that we know we stable.
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  Speaker 3: Coin, but any type of fesset and so we think
• 2:13
  Speaker 3: that in countries where accessibility to banks and to bordcarage
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  Speaker 3: is pretty difficult.
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  Speaker 2: As long as you have.
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  Speaker 3: A phone and an Internet connection, you should be able
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  Speaker 3: to connect and actually stop building your wealth and your
• 2:25
  Speaker 3: management portfolio.
• 2:27
  Speaker 1: This is going to I think it's going to open
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  Speaker 1: up a lot of opportunities, you know, with what you
• 2:30
  Speaker 1: guys are doing in terms of really innovation around some
• 2:33
  Speaker 1: of the products and services for finance. But one of
• 2:36
  Speaker 1: the things that I think a lot of our viewers
• 2:38
  Speaker 1: are dealing with is security. The issue is of course
• 2:42
  Speaker 1: recently with the help now within the DeFi that has
• 2:45
  Speaker 1: maybe made a lot of investors a little bit more
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  Speaker 1: gun shy looking at centralized exchanges as an option.
• 2:51
  Speaker 2: Here.
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  Speaker 1: What are you guys doing in terms of infrastructure security
• 2:56
  Speaker 1: for Robinhood and how are you advancing that?
• 2:58
  Speaker 3: Yeah, so far as you know, lot of time we
• 3:01
  Speaker 3: try to make sure that anything that we build with
• 3:05
  Speaker 3: safety first in mind. You know, the concept of launching
• 3:09
  Speaker 3: a product to twenty seven million customers at once is
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  Speaker 3: very darning, and so any type of new product that
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  Speaker 3: we build goes through multiple round of security reviews.
• 3:19
  Speaker 2: We do audit and.
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  Speaker 3: Penetration testing, right team testing as well, and the goal
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  Speaker 3: is ready to make sure that we're ready for prime time.
• 3:27
  Speaker 3: And that's why sometimes if you go on Robinhood, we
• 3:30
  Speaker 3: don't have the feature as fast as some of our competitors,
• 3:34
  Speaker 3: usually for two reasons. One we try to make it
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  Speaker 3: more adapted to the customer, but also we want to
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  Speaker 3: make sure that security easier. And I think that's sometimes
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  Speaker 3: one of the default of our industry or the crypto industry,
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  Speaker 3: that they are trying to move fast. They are trying
• 3:48
  Speaker 3: to launch products very quickly and then they fix the
• 3:52
  Speaker 3: problem later. And so in the case of what we've
• 3:55
  Speaker 3: seen in the past couple of months, issue is like
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  Speaker 3: it's a lot of money loss and so you're losing
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  Speaker 3: a lot of credibility, a lot of customer are getting hurt,
• 4:02
  Speaker 3: and so, you know, I think it's it's important for
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  Speaker 3: all the actor in the industry to start thinking a
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  Speaker 3: bit more about how do we are think about security
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  Speaker 3: first before launching any product. And you know, with the
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  Speaker 3: advance of AI, with all the new tools that are
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  Speaker 3: being developed by some of the companies, we should be
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  Speaker 3: able to actually do a lot more at the launch,
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  Speaker 3: before the launch to verify that there is no bug
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  Speaker 3: in the code or in the smart contract we should
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  Speaker 3: we should be able to verify using proof that you know,
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  Speaker 3: nothing is bugged. So you know, that's a lot of
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  Speaker 3: time being spent on that. The second thing that we're
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  Speaker 3: looking at a lot is the quantum arrival at some point.
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  Speaker 3: You know, we think that it's going to be a
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  Speaker 3: lot sooner than what we've been discussing in the past
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  Speaker 3: few years. There was the research from Google saying that
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  Speaker 3: it's coming even sooner than everyone was expecting. And so
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  Speaker 3: I think for us, it's very important to make sure
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  Speaker 3: that our custody for our customer.
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  Speaker 2: Assets is safe.
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  Speaker 3: But also we to understand like the implication of what
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  Speaker 3: will happen to all the chains that are out there
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  Speaker 3: with different consensus mechanism, different algorithm, and how we are
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  Speaker 3: making them quantum safe basically.
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  Speaker 1: So you feel that Robin hood is in a position
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  Speaker 1: right now, what would you be doing that would really
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  Speaker 1: start to lean into quantum resistance right now? As a
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  Speaker 1: centralized exchange, Well.
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  Speaker 2: We're looking for custody.
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  Speaker 3: For example, we want to make sure that you know,
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  Speaker 3: no one could find the private key of one off
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  Speaker 3: a wallet using quantum technology.
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  Speaker 2: So right there is a lot of people working on it.
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  Speaker 3: It's not just robin Hood, but I think you know,
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  Speaker 3: for us, it's definitely top of mind.
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  Speaker 2: In this word.
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  Speaker 1: Okay, let's go on to stable coins, because this has
• 5:44
  Speaker 1: been top of mind for everybody for the last almost
• 5:47
  Speaker 1: a year, ever since the Bank started pushing back on
• 5:49
  Speaker 1: stable coin yields. Now we have clarity language coming through
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  Speaker 1: getting ready to go to the market phase here in
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  Speaker 1: the Senate, it looks as though there may be some
• 5:58
  Speaker 1: opportunity when here for yields still to be acquired via activity.
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  Speaker 1: What do you guys see for the future of stable
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  Speaker 1: coins being held on robin Hood right now? I know
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  Speaker 1: you pay on US dollars in terms of yields, but
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  Speaker 1: anything planned for stable coins in the.
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  Speaker 2: Future, yeah, that's something that we want to do.
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  Speaker 3: You know, we've been very vocal about this Boasvlad and
• 6:21
  Speaker 3: myself on Twitter, We've been trying to explain that we
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  Speaker 3: think right now we are putting a customer holding stable
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  Speaker 3: cooin at disadvantage because to your point, they can sell
• 6:30
  Speaker 3: the stable coin, get cash, get the entire interest on it.
• 6:34
  Speaker 3: But if a customer is a bit savy and they
• 6:35
  Speaker 3: want to be able to transfer their stable very quickly
• 6:39
  Speaker 3: and they want to just keep it on the platform currently,
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  Speaker 3: they lose some money by not getting the names, so
• 6:44
  Speaker 3: we think it's important to fix it. It sounds like
• 6:47
  Speaker 3: with the latest draft there should be ways for us
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  Speaker 3: to be able to pass it. We also heard this
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  Speaker 3: morning that the banks are still posing it, so I
• 6:56
  Speaker 3: think there will be a bit more of a debate,
• 6:59
  Speaker 3: but I think it's really important for us to get
• 7:00
  Speaker 3: the Clarity Bill to pass. We still have a very
• 7:04
  Speaker 3: fragmented situation in the US where you have different rules,
• 7:08
  Speaker 3: different license based on the states, and right now it's
• 7:11
  Speaker 3: the customer that is suffering. So for example, Robin Hood,
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  Speaker 3: if you're a customer of forty six states, you can
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  Speaker 3: stake your assets.
• 7:19
  Speaker 2: On the platform.
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  Speaker 3: If you're a customer of Full Stage, you cannot, and
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  Speaker 3: we get a lot of frustration from our customers. So
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  Speaker 3: I think it's important for us to have one framework
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  Speaker 3: that we can use and build around the EU. As
• 7:31
  Speaker 3: it with MECA, I think it's time for for the
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  Speaker 3: US to have it as well.
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  Speaker 2: Well.
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  Speaker 1: MICA has put it in play much faster than the
• 7:38
  Speaker 1: United States here in terms of infrastructure, especially from a
• 7:42
  Speaker 1: standpoint of getting institutional and also banking life. So we're
• 7:46
  Speaker 1: in that play right now. Hopefully with clarity coming for you.
• 7:51
  Speaker 1: Look at taxes, self custody. We are seeing a transition
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  Speaker 1: now Johann of what has been the crypto ogs and
• 8:00
  Speaker 1: then a whole new crop of new investors coming in
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  Speaker 1: who maybe haven't even experienced self custody yet. What are
• 8:06
  Speaker 1: you guys doing in reference how the advantage for Robinhood,
• 8:11
  Speaker 1: especially around self custody and taxes play into the whole
• 8:15
  Speaker 1: ecosystem for you guys.
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  Speaker 3: Yeah, so on the taxis side for us from the beginning,
• 8:20
  Speaker 3: we offer the ten ninety nine for free.
• 8:23
  Speaker 2: To our customers.
• 8:24
  Speaker 3: So if you're training crypto on the platform, at the
• 8:28
  Speaker 3: end of the of the year, we'll be able to
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  Speaker 3: issue the ten ninety nine that you can use to
• 8:32
  Speaker 3: file your taxes. We also have a tool that if
• 8:35
  Speaker 3: you're transferring assets in you can put the cost spaces
• 8:38
  Speaker 3: of the asset that you transferred in.
• 8:39
  Speaker 2: So you can inserted in exactly.
• 8:41
  Speaker 3: So we've been making sure that it's not guarded by
• 8:44
  Speaker 3: any subscription or any fee. We think it's one of
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  Speaker 3: the core elements that if you're an investor.
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  Speaker 1: You're saying, I don't need robin Hood.
• 8:51
  Speaker 2: Gold to do you don't need robbin a gold to
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  Speaker 2: get the time. That's great, Yeah, and.
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  Speaker 3: I think it's important because if you're a first time investor,
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  Speaker 3: which we have a lot of customer on our platform
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  Speaker 3: coming for the first time to buy bitcoin, Yeah, we
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  Speaker 3: don't want to beg them page just to get access
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  Speaker 3: to the tax filing.
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  Speaker 2: So that's one thing.
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  Speaker 3: And then on the self costody side, we build our
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  Speaker 3: own self costidy wallet.
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  Speaker 2: It's called robbing and Wallet.
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  Speaker 3: You can transfer most of our assets on the platform
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  Speaker 3: on that wallet and self custody access defy web three,
• 9:21
  Speaker 3: all this kind of things.
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  Speaker 1: How integrated is the Robinhood wallet now to the actual
• 9:25
  Speaker 1: exchange account.
• 9:27
  Speaker 3: You can easily transfer between the two. I wouldn't say
• 9:30
  Speaker 3: it's integrated, but it's a few taps to actually transfer
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  Speaker 3: your money from let's say your robbing it account to
• 9:36
  Speaker 3: your robbing and wallet.
• 9:37
  Speaker 2: So easy enough. Yeah, it's girt about assets.
• 9:40
  Speaker 3: We have like fifteen basic assets like layer ones and
• 9:44
  Speaker 3: then you know every year.
• 9:45
  Speaker 1: L two basically real supporting any plan to increase the
• 9:48
  Speaker 1: number of assets on the platform. Right especially on crypto.
• 9:51
  Speaker 2: We've been increasing a lot, to be honest.
• 9:53
  Speaker 3: So if you think about robbing where it was like
• 9:55
  Speaker 3: a year ago, we probably almost triple the number of
• 9:59
  Speaker 3: assets been able to trade on spots, and for us,
• 10:03
  Speaker 3: it's a lot of you know, understanding the demand for
• 10:06
  Speaker 3: more customer but also making sure that there's enough equity
• 10:08
  Speaker 3: so that we can offer the best price. So we've
• 10:11
  Speaker 3: been increasing the amount of as sets quite quite a bit,
• 10:14
  Speaker 3: and right now the main request we are getting is
• 10:17
  Speaker 3: more how do we get more advanced future for example,
• 10:22
  Speaker 3: so different type of autotypes or being able to trade
• 10:26
  Speaker 3: from the charts like this kind of.
• 10:28
  Speaker 1: Right right, Well, I mean obviously you guys have launched
• 10:31
  Speaker 1: prediction markets, You've got that moving now we're starting to
• 10:34
  Speaker 1: see alternative assets rolling out much like what xtocks has
• 10:38
  Speaker 1: done in the past. How big a market do you
• 10:41
  Speaker 1: think that is in the future, both thus whether you
• 10:43
  Speaker 1: look at purps and what's happening with something like a
• 10:46
  Speaker 1: prediction market.
• 10:47
  Speaker 3: Yeah, prediction market is one of the fastest growing business
• 10:50
  Speaker 3: at Probabinolds, so it's definitely something where we see a
• 10:52
  Speaker 3: lot of demand. It's a new way to invest for
• 10:56
  Speaker 3: a lot of customers. You can hedge differently your portfolio
• 11:00
  Speaker 3: and then on perps. It's something that we have in
• 11:02
  Speaker 3: the EU right now. So we have about twelve different
• 11:04
  Speaker 3: contracts with ten x leverage in the EU and it's
• 11:07
  Speaker 3: been one of our top feature in the market.
• 11:11
  Speaker 2: I think a lot of customer likes the ability to
• 11:13
  Speaker 2: short they like the ability to.
• 11:15
  Speaker 3: Get margin obviously cross margin between their assets. And we've
• 11:19
  Speaker 3: also spent a lot of time building a very good
• 11:21
  Speaker 3: UX and UI where you can set a take profit
• 11:25
  Speaker 3: or start plus when you place an order, and I
• 11:27
  Speaker 3: think that's a very big differentiator compared to some of
• 11:30
  Speaker 3: the other platform where everything has to be manual. And really,
• 11:36
  Speaker 3: you know, we see customer like loving this product. I
• 11:38
  Speaker 3: think it's less complicated than options. For example, you don't
• 11:41
  Speaker 3: have to roll out your contracts every time they expire,
• 11:44
  Speaker 3: you don't have to deal with expression data at all.
• 11:47
  Speaker 3: You get the margin rate that you want at the
• 11:50
  Speaker 3: moment that you want. So I think so far we've
• 11:52
  Speaker 3: seen a lot of phusiasm for it, and so I
• 11:54
  Speaker 3: think it's time to bring it into the US. Let's
• 11:56
  Speaker 3: do it so, you know, I know, the chairman of
• 12:00
  Speaker 3: the Safety Sea mentioned that it's one of the top priorities,
• 12:03
  Speaker 3: so we're very excited about that.
• 12:05
  Speaker 1: Yeah, it's good to see the new products coming out.
• 12:07
  Speaker 1: I think this is a staple now where we're seeing
• 12:10
  Speaker 1: a lot of centralized exchanges really advanced forward. What about lending?
• 12:14
  Speaker 2: Any plans for that?
• 12:16
  Speaker 3: Lending is definitely something that where we're looking like an
• 12:20
  Speaker 3: any future. I think, you know, for us, the main
• 12:23
  Speaker 3: point is, like we're saying earlier, like when is it
• 12:25
  Speaker 3: ready for prime time? When are we feeling good about
• 12:28
  Speaker 3: the security? And it also like, you know, is it
• 12:31
  Speaker 3: something that our customer are asking for once?
• 12:33
  Speaker 2: Yeah, for sure.
• 12:34
  Speaker 1: Last question on clarity, A lot of things happening right now.
• 12:38
  Speaker 1: Speed to market is coming most likely once this markup
• 12:43
  Speaker 1: comes through. I know the banks just this morning we're
• 12:45
  Speaker 1: kind of pushing back again. Tom Tillis is talking about
• 12:48
  Speaker 1: pushing back on that if this goes through, let's just
• 12:51
  Speaker 1: pursue the idea that this makes it through to the Senate,
• 12:55
  Speaker 1: it gets through House puts their stamp of approval on this,
• 12:59
  Speaker 1: we get it through to President Trump's desk, and we
• 13:03
  Speaker 1: have clarity. What kind of impact would that have on
• 13:05
  Speaker 1: Robin Hood?
• 13:07
  Speaker 3: I think, you know, like I was saying earlier, it
• 13:09
  Speaker 3: will simplify a lot how we build products because we
• 13:12
  Speaker 3: will have one way to think about the rules instead
• 13:15
  Speaker 3: of looking at every single state. I also think for
• 13:18
  Speaker 3: the institution. It's going to be a big unlock. You know,
• 13:20
  Speaker 3: a lot of institutions want to get into crypto. They
• 13:23
  Speaker 3: want to invest or use stable or use assets, but
• 13:27
  Speaker 3: they are worried about how it's going to be defined
• 13:30
  Speaker 3: on their like different rules. So I think you will
• 13:34
  Speaker 3: see also be in flux aflow from from the institution.
• 13:37
  Speaker 1: All right, Johan, thanks for coming in today.
• 13:39
  Speaker 2: We piates for having me.
• 13:47
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• 13:49
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• 13:52
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