Robinhood Markets Inc. (NASDAQ:HOOD) shares have been moving higher, gaining 13% over the past month and trading near their 52-week high.
What To Know: Momentum has been fueled in part by optimism surrounding the company's push into cryptocurrency and tokenized assets, as outlined by CEO Vlad Tenev in a recent interview. Tenev said he sees significant long-term revenue potential if tokenization of real-world assets, such as stocks, real estate, and art, takes hold, comparing the concept to stablecoins but for equities.
