Robinhood's CEO says the financial system is entering a "supercycle" that tokenization will help drive. The company has launched on-chain stock tokens outside the United States, expanded coverage from 90 to 190 U.S. stocks, and enabled 24/7 trading and free on-chain transfers. The offering gives users in more than 120 countries and regions exposure to U.S. stocks, while the CEO argues tokenization involves more than simply moving assets onto a blockchain.