Robinhood CEO: "Virtual assets will eventually fully replace traditional finance"

Source
JH Kim

Summary

  • Vlad Tenev, CEO of Robinhood, stated that virtual assets will eventually fully replace the traditional financial system.
  • CEO Tenev described the existing financial system as inefficient and complex.
  • He emphasized that virtual assets offer a more transparent and efficient alternative.

According to Watcher Guru, a cryptocurrency media outlet, on the 24th (local time), Vlad Tenev, the co-founder and CEO of Robinhood, said in a CNBC interview, "Virtual assets will eventually completely replace the traditional financial system."

He emphasized, "The existing financial system is inefficient and complex," and added, "Virtual assets present a more transparent and efficient alternative."

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?