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Robinhood Chief Executive Vlad Tenev is framing the long-term case for crypto around real-world assets and the merging of traditional finance with digital infrastructure — not speculative tokens.
Asked directly whether digital assets have entered an "enduring" downturn, Tenev rejected the premise and pointed to the convergence of TradFi and crypto as the structural thesis that matters.
Tenev's Argument: RWAs Over Memecoins Tenev drew a clear line between what he views as durable and what he sees as noise. Memecoins, in his read, are not where the category's staying power lives.
Real-world assets — the tokenization of financial instruments and tangible property on blockchain rails — represent the use case he believes will define whether crypto earns a permanent seat at the institutional table.
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