Robinhood is evolving far beyond commission-free trading.

In this episode of Endgame, Amanda Cassatt sits down with Johann Kerbrat, SVP & GM of Robinhood Crypto, for an in-depth conversation about how Robinhood is using blockchain, AI, and tokenization to reshape investing. Johann explains why Robinhood built its own Layer 2 on Ethereum, how tokenized stocks work in Europe, why Robinhood believes financial markets should operate 24/7, and how AI is changing the future of investing.

They also discuss crypto regulation, DeFi, prediction markets, Ethereum vs. Solana, Robinhood Wallet, self-custody, and Robinhood’s long-term vision for bringing traditional financial assets onchain. If you’re interested in crypto, fintech, investing, AI, or the future of financial markets, this conversation offers a rare look inside one of the world’s largest retail investing platforms.

In this episode:

• Why Robinhood built on Ethereum and Arbitrum

• Tokenized stocks explained (EU vs. US)

• The future of on-chain ownership

• Robinhood’s vision for 24/7 financial markets

• AI’s role inside Robinhood

• How AI agents could transform investing

• DeFi made simple

• Robinhood Wallet and self-custody

• Ethereum vs. Solana

• Prediction markets vs. gambling

• Robinhood’s acquisition of WonderFi

• The future of global investing

Timestamps:

00:00 Introduction

00:20 What Makes Robinhood Different

02:10 Crypto Fees and Accessibility

04:06 Crypto’s Role at Robinhood

05:06 Tokenized Stocks Explained

09:38 What Investors Actually Own

10:57 Putting Real Stocks Onchain

12:31 The Case for 24/7 Markets

15:48 Why Robinhood Chose Ethereum

18:12 KYC and Decentralization

20:12 Are L2s Good for Ethereum?

21:27 Ethereum vs. Solana

22:45 How Robinhood Uses AI

24:22 AI, DeFi and WonderFi

25:32 Trading vs. Gambling

29:39 What’s Next for Robinhood?

Stay Connected

Amanda on X: https://x.com/amandacassatt

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https://open.spotify.com/episode/45B9szUxVXEwfCDA6uRxwq?si=HT9XXqF9Q2CcM9hfLbmkVg

Endgame on Apple Podcasts: https://podcasts.apple.com/us/podcast/endgame-with-amanda-cassatt/id1801809440

Follow Johann Kerbrat

https://x.com/JohannKerbrat?lang=en

https://www.linkedin.com/in/johann-kerbrat

#EndGame #Robinhood #Tokenization #DeFi #Web3