Robinhood CEO Says Tokenized Stocks Could Prevent Another GameStop Halt

Kraken has rolled out round‑the‑clock perpetual trading for tokenized U.S. stock derivatives with up to 20x leverage, widening access to equities exposure through crypto markets. The move bridges traditional shares and digital derivatives but raises questions about risk and regulation.

Robinhood CFO Shiv Verma sold $411,000 of HOOD shares under a pre-arranged 10b5-1 plan as the stock trades 33% lower year-to-date. Wall Street’s average price target remains $121.71.

Figure has issued FGRD as an on‑chain native representation of its common shares in an upsized $150M offering, promising instant settlement and integrated lending. The offering was reportedly increased after strong demand.

Robinhood is reportedly preparing a $1 billion IPO for a closed-end fund that would let everyday investors access private-market assets. The move aims to widen alternative-asset exposure for retail clients but raises questions about liquidity, fees, and valuation transparency.

Ark Invest made its 10th straight bullish buy on Feb. 13, deploying $18 million into crypto-related equities, including $12 million in Robinhood and $4 million in Bitmine Immersion Technologies. The move signals continued institutional conviction in crypto-exposed stocks.