How Robinhood is using the SEC's New Innovation Exemption | Johann Kerbrat

Robinhood is trying to erase the line between crypto markets and traditional finance. David sits down with Johann from Robinhood to unpack the rise of tokenized stocks, why so much activity is already happening outside normal trading hours, and what changes when equities become programmable, composable and available across DeFi.

---
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

---
BANKLESS SPONSOR TOOLS:

🔓NEAR | TRADE CONFIDENTIALLY, GET 20% BACK
https://bankless.cc/near2026

🎯THE DEFI REPORT | ONCHAIN INSIGHTS
https://thedefireport.io/bankless

👑BANKLESS CONTENT MCP
https://www.bankless.com/premium

---
TIMESTAMPS

0:00 Bringing Tokenization to the U.S.
2:17 How Robinhood Stock Tokens Actually Work
5:19 TradFi Pushback and Demand for Tokenized Stocks
7:59 Voting Rights, Redemption and DeFi Utility
10:29 What Happens When Stocks Trade on Weekends
13:42 Will Blockchain Become the Primary Market?
18:46 Robinhood Chain’s Early Traction
21:22 Beyond Stocks: Real Estate, Gold and More
24:22 How Robinhood Chooses What to Build
26:36 What U.S. Users Still Can’t Access
29:49 Combining Tokenized Stocks With Perps
32:51 Why Robinhood Chose Ethereum
35:32 AI Agents and the Next Robinhood Products

---
RESOURCES

Johann Kerbrat
https://x.com/JohannKerbrat

---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures