Robinhood is bringing crypto perpetual futures to US customers, with up to 10x leverage on Bitcoin and Ether. Nicola White, Robinhood’s vice president of institutional crypto, explains how the CFTC no-action letter, the Bitstamp exchange, and Robinhood Derivatives made it happen, and why the company wants markets to be always on.
Chapters:
0:00 Robinhood’s Hood Summit: 24/7 Stock Trading and US Crypto Perps
0:40 Why Robinhood Wants Markets That Never Close
1:32 Bitstamp Perps and the CFTC No-Action Letter
2:19 Tokenized Stocks, the Basis Trade, and the Path for US Perps
3:20 Bitstamp’s Volume and the Retail–Institutional Merger
4:54 What Institutions Want to Do With Bitcoin
6:00 Institutional Bitcoin Depth and Large Block Trades
6:49 AI Trading Agents and Robinhood’s Sub-Account Controls
8:29 Lessons From the 2022 Meltdown and US Leverage Limits
10:12 How Bitcoin Changes Finance in 10 Years and What’s Next for Tokenized Stocks
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