Johann Kerbrat is Crypto General Manager at Robinhood. In this episode, we unpack why Robinhood built its own Ethereum L2 and how it plans to power 24/7 markets for tokenized stocks, digital assets, pre-IPO company trading, and the next wave of onchain financial products such as stablecoins and prediction markets. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE ♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS 🌅 NEUTRL | THE NEXT GENERATION OF CRYPTO-NATIVE YIELD 🌞 SOLSTICE | PERMISSIONLESS INSTITUTIONAL YIELD ⚔️ KATANA | DEEP LIQUIDITY & REAL YIELD 🔊 DECIBEL | THE NEW SOUND OF TRADING 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE 🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR SCALE 🌊 RIVER | A CHAIN-ABSTRACTION STABLECOIN SYSTEM ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED ------ Timestamps 0:00 - Intro 7:13 - Johann’s background 10:18 - Robinhood leans into DeFi 13:50 - The evolution of Robinhood’s services 16:36 - Why Robinhood built an Ethereum L2 with Arbitrum 24:26 - Sponsor break 25:43 - Tokenization will unlock 24/7 markets 30:12 - 1000 tokenized stocks trading onchain 32:27 - Significance of access to trade pre-IPO companies 37:51 - Regulation remains a big challenge 42:47 - Sponsor break 44:35 - Advanced trading features 46:18 - Robinhood prediction markets 48:54 - Could Robinhood offer a token launchpad? 50:37 - Stablecoins and the USDG initiative 58:06 - Robinhood Ventures invests in Lighter 1:02:08 - Could Robinhood ever offer crypto-backed loans? 1:04:59 - Robinhood in 5 years 1:06:47 - Closing ------ 🔗 Guest Links 🔗 ► Robinhood website: https://robinhood.com/ ► Robinhood on X: https://x.com/RobinhoodApp ► Johann Kerbrat on X: https://x.com/JohannKerbrat ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ETH. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.