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Robinhood has acquired Pluto Capital, Inc., an AI-powered research platform, to bolster its investment platform with advanced artificial intelligence capabilities. CEO Vlad Tenev emphasized the advantages of tokenization and blockchain technology, foreseeing a future where stocks are on blockchains. The move aims to provide users with more sophisticated tools to manage their investments.
“Our strengths are our weaknesses,” @RobinhoodApp CEO @vladtenev said onstage at Fortune’s #BrainstormTech conference. https://t.co/ufrlww77A1 https://t.co/yBbcIFhPGr
“Robinhood is training a generation to day trade and to look at your portfolio on mobile as frequently as possible and to be too reactionary,” @Betterment CEO Sarah Levy tells #BrainstormTech. “That’s scary, and that’s a formidable competitor.” https://t.co/vc0m8sQDkC https://t.co/Qa5bsCotAZ
“You don’t have to squint too hard to imagine a world where stocks are on blockchains.” @RobinhoodApp co-founder and CEO @vladtenev told #BrainstormTech he thinks tokenization will represent the “next transition.” https://t.co/aPiRGgJkHq https://t.co/8GeIC1vsDh
