Robinhood is developing an in-house tokenisation engine to manage asset issuance and integration, offering tighter control compared to competitor platforms that rely on third-party tokenisation providers like Coinbase and Kraken

Quotes that support claims

While rivals have teamed up with regulated asset tokenization specialists to offer stock tokens, Robinhood is building its own tokenization engine to do so, Seong Lee, head of crypto products, told CoinDesk in an interview.

A slew of popular crypto exchanges, including Bybit, Kraken and Gemini have just recently started to offer tokenized stocks to users, while Coinbase reportedly also seeks regulatory approval to do so.