This chapter explores the struggles faced by a crypto business in dealing with the SEC, including attempts to establish regulatory frameworks and the implications of receiving a Wells notice. It highlights the need for clear guidelines amid the tumultuous U.S. regulatory landscape and discusses the revenue dynamics of crypto operations, particularly in relation to traditional finance models. The conversation underscores the importance of compliance, innovation, and resilience in the face of ongoing regulatory uncertainties.
Robinhood is the world’s most successful FinTech trading company. They have already conquered TradFi. What are they targeting next?
In June, they announced the acquisition of Bitstamp, the oldest crypto exchange. They’re increasingly investing in crypto and we felt it was important to know their plans.
We brought the co-founder Vlad Tenev and we had a wide-ranging conversation covering topics like tokenization, Robinhood’s Wallet and L2, payment for orderflow and MEV, the SEC Wells Notice and much more.