Robinhood is pushing to bring tokenized U.S. equities onshore after launching 24/7 blockchain-based exposure to 190 American stocks in more than 120 countries, as CEO Vlad Tenev argues finance is entering a tokenization "supercycle." Speaking ahead of meetings at the White House and the CFTC, Tenev said the risk for U.S. regulators is that liquidity and financial innovation migrate overseas. Robinhood says Robinhood Chain has processed more than $12 billion in DEX volume since launch and reached 100 million transactions faster than any other chain. The company is also scaling adjacent businesses: prediction markets generated more than $6 billion of July volume and $156 million of Q2 2026 revenue, while more than 100,000 customers are using its agentic AI trading tools. Record Q2 2026 revenue of $1.31 billion, EPS of $0.62 and $369 billion in platform assets give the strategy more weight, while Fundstrat's Tom Lee has echoed the view that tokenization could become a structural force across finance and crypto.