Robinhood is experiencing increased interest from private companies wanting to tokenize their shares following the launch of its stock token platform in the European Union. CEO Vlad Tenev reported receiving numerous inquiries from private firms looking to tokenize their equity for retail investment. The platform currently offers over 200 tokenized US equities and includes promotional tokens for firms like OpenAI and SpaceX. Robinhood aims to onboard thousands of private companies in the future, although the platform is currently subject to regulatory scrutiny from the Bank of Lithuania. These tokens are classified as derivatives under EU regulations, backed by assets held by US brokers. Tenev stated they are engaging with regulators in the US and UK, hoping for a green light from the SEC. He believes the opportunities in tokenization are too significant to ignore, and discussions are already taking place at the SEC. Additionally, related developments in blockchain include BioSig Technologies securing substantial funding for commodity tokenization, and a new tokenized money market fund receiving regulatory approval in Dubai.

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