March 9, 2026· 51 min

Robinhood CEO Vlad Tenev on Tokenization and Prediction Markets for Everything

Oral Indicators

Agonistic22%

basically, absolutely, definitely

Engagement80%

you'll, you, your

Memory Aids100%

see, right, now

Repetition100%

like (198x), it's (107x), think (105x)

Parallelism78%

So there's a lot of noise abou..., So let's talk about results...., But in life, even the best str...

Sound Patterns69%

76 question(s), alliteration: "tend to", alliteration: "trying to"

Formulaic Phrases5%

let me tell you, you know what, i mean

Literate Indicators

Hedging9%

could, maybe, apparently

Passive Voice9%

is designed, is grounded, be traded

Abstract Nouns19%

business, information, payment

Subordination6%

since, because, while

Sentence Length29%

Avg: 12.3 words/sentence

Word Complexity49%

business, overly, complicated

Academic Markers0%

Impersonal Style20%

887 personal pronouns found

Descriptive Style92%

overly, actually, basically

Description

Last year, we had Robinhood CEO Vlad Tenev on the podcast to talk to us about his company's plans to tokenize shares of private companies. The idea is that retail investors want to participate in hot names like OpenAI and SpaceX, and that tokenizing private equity would allow this to happen. Right after our episode though, a number of companies expressed frustration at the idea, saying that they were not voluntarily participating in the plan. So where do things stand now? And how is Robinhood thinking about how it will play in the red hot prediction market space? On this episode, Vlad returns to talk about where things stand, and all of the company's new efforts to give retail traders even more instruments to use. Read more: Polymarket Bets on Iran War Show Limits of Prediction Markets for Wall Street Robinhood Adds $695 ‘Actual’ Platinum Card to Compete With Amex Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots Newsletter Join the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.

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