4 sources healthy · latest episode 9 Nov 2026
descriptive claim

In the described tokenization model, traditional assets remain custodied at an institution such as a bank while the corresponding tokens trade freely on DeFi.

Vlad Tenev · Tokenization, Agentic Trading, Harmonic: Robinhood's Mission to Expand Ownership with CEO Vlad Tenev · 5 Nov 2026

In their words

The transcript segments this claim was taken from

“And the traditional assets stay custodied at a traditional institution like a, like a bank, and then the tokens can trade freely on DeFi.”
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