Attached is a report on Stock Tokens from Shailendra Bhogaraju, Senior Equity Research Analyst, William O’Neil India, and Rushit Sejpal, Equity Research Analyst, William O’Neil India.
Key points from the report:
- Robinhood launched crypto products for EU users on June 30: stock tokens, blockchain, crypto futures, and crypto staking.
- The tokenization of securities has the potential to disrupt two industry groups: brokers and private equity/asset managers.
- Refer to pages 3–8 for annotated Datagraphs®: HOOD, COIN, BLK, HLNE, SCHW, IBKR.