Robinhood has launched its own blockchain for tokenized, one-to-one backed stocks that are fully transferable and dividend-bearing. The move includes an integration with Morpho to offer a 7% yield on stablecoin deposits to its 27 million users.
The tape Bankless · Jul 6
“So we now have one-to-one backed tokenized stocks with dividends and investor governance rights, if you want to do that, trading on Uniswap, creating a 24-7, 365 marketplace for U.S. equities.”
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Prof G Markets · SpaceX Just Got Fast-Tracked Into Your PortfolioJul 7
Nasdaq fast-tracked SpaceX's inclusion into the Nasdaq 100 under controversial new rules, a move one chief strategist calls 'candidly manipulative' and a 'slap in the face' to passive investors who were told they could trust the index.
How to Money · The Harsh Realities of Real Estate Investing #1161 (Bestie Ep)Jul 3
With housing affordability at a 40-year low, real estate investing is harder than ever. While some advise caution, forecaster Harry Dent warns of a bubble 'worse than in 2006' and predicts a collapse of up to 70% that could wipe out a generation's wealth.