Robinhood CEO: Will significantly increase investment in Robinhood Chain developer ecosystem and community support, and has begun to form a dedicated team

Robinhood CEO Vlad Tenev stated during the third quarter earnings call held this morning that the future plan is to build Robinhood Chain into the best place to hold and trade all tokenized assets, starting with stock tokens and perpetual contracts, and then expanding significantly.

Regarding support for builders, Vlad said, "We are currently putting a lot of effort into researching how to further scale and how to better support community development. Many developers have provided feedback that we can do more in supporting the community. I believe everyone will see us increasing our investment because we want to make it the best developer ecosystem and the best on-chain community in the world. So, you will see us increasing investment because the development of emerging ecosystems like this is rare."

He also confirmed, "Robinhood is working hard to do more for the community. We had to form a team, and I think in the near future, you will see us providing more support for developers."