COINOTAG News reports that Robinhood CEO Vlad Tenev, speaking on the a16z podcast, highlighted the securities lending market as a major revenue source for brokers and counterparties. He also noted its enduring opacity and inefficiency, even as activity expands across diverse venues. Much trading still flows through Bloomberg terminals and peer-to-peer chat matching, a framework that clouds execution timing and credibility. The entrenched workflow for securities lending has persisted for decades, shaping capital allocation and elevating risk management burdens for brokers and lenders.
https://bitcoinethereumnews.com/tech/aave-driven-tokenized-securities-could-revolutionize-lending-and-borrowing-according-to-robinhood-ceo-vlad-tenev/