People might be underestimating the ceiling of this bull market. The SEC has opened the door for on-chain trading of tokenized stocks, even including AMMs and liquidity pools in the regulatory sandbox. This is on a completely different level compared to the old days of 'issuing a token pegged to U.S. stock prices.' This is also why I remain bullish on Robinhood Chain. Robinhood isn’t just some crypto-native team forcing an RWA narrative—it’s already positioned at the intersection of traditional finance and crypto. Now it has its own L2, Stock Tokens, Wallet, and DeFi. If regulation continues to progress, these components can be seamlessly integrated. Robinhood Chain was designed with RWA in mind from the start. https://www.sec.gov/newsroom/press-releases/2026-90-sec-issues-innovation-exemption-facilitate-trading-tokenized-nms-stock-request-comment