How tokenization benefits SpaceX stock 'without taking crypto risk'

00:00 Speaker A

Tokenized representations of stock are are nothing new and defy yield is also nothing new. We're just combining these two things, which is a really interesting movement in crypto, uh, using crypto primitives without taking crypto risk and and and allowing that to to accrue value to assets that people believe in like SpaceX.

00:27 Speaker B

What was really interesting was Robin Hood CEO has been pretty vocal about this report saying that its customers move more money through ordinary stocks than the entire tokenized stock market is currently worth. So it seems like there's still a lot of opportunity, still a lot of road map. So why would an investor choose this route instead of maybe more of the traditional way?

00:54 Speaker A

Yeah, it just offers a a superior asset, right? So we're able to offer yield on top of of SpaceX or Google or other tokenized stocks, but but we begin with SpaceX because that's such a high conviction, uh play for us. And if someone's going to hold the the underlying stock or hold it with a native yield on top of it, you know, compound interest is the strongest force in the universe.

01:23 Speaker B

Right.

01:23 Speaker A

And over time, that the compounding of of that yield is is going to pay, uh, big dividends.