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Farinwata
#RobinhoodQ3ProfitFalls
*. The Regulatory L2 thesis*
General-purpose L2s like Arbitrum One and Base want to do everything. Robinhood is doing the opposite. Its chain is built as a specialized, compliant environment for regulated assets. Compliance rules can be embedded at the protocol layer - different for US, EU, etc. CEO Vlad Tenev's idea is "tokenization will eat the broader financial system" - if stocks settle in real-time on blockchain, you don't get trading freezes like 2021.
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