From Vlad Tenev on CNBC - US squawk box on the street · · Jim Team
“Our US customers should have access to these innovative financial instruments without having to rely on unregulated offshore platforms where they VPN in to get access to it.”
On , Vladimir Tenev, Co-Founder, President, Chief Executive Officer & Chairman of the Board at Robinhood Markets, spoke about perpetual futures during Vlad Tenev on CNBC - US squawk box on the street on Jim Team.
Vladimir Tenev, co-founder and CEO of Robinhood Markets, has been active in several public appearances in recent months, discussing the company’s expansion into new markets and product lines. In June 2026, Tenev announced the completion of Robinhood’s acquisition of Canadian crypto exchange WonderFi, describing it as a step in the company’s global expansion strategy and noting that it brought Robinhood to over 1 million customers outside the U.S. He also discussed the growth of Robinhood’s prediction markets business, stating that the company is “just at the beginnings of this new asset class” and that the annualized revenue from event contracts reached about $415 million in the first quarter of 2026. Tenev addressed criticism that sports-related prediction contracts resemble gambling, arguing that sports is “a big part of the economy” and that the two worlds are “starting to converge.” Tenev also spoke about Robinhood’s role as the sole initial trustee and broker for “Trump accounts,” a U.S. government program that provides a $1,000 brokerage account from birth for every newborn. He stated that over 5.5 million children had signed up and that Robinhood is serving as a government subcontractor on a cost-plus basis. On the topic of artificial intelligence, Tenev said Robinhood is pioneering a category called “agentic finance,” aiming to give users AI capabilities with the safety of a regulated platform. He also discussed the company’s efforts to tokenize assets, describing a “tokenization super cycle” that is at its beginning. Tenev characterized Robinhood as a “financial super app” striving to serve customers across all asset classes, and noted that the company has 11 lines of business generating $100 million or more in annual revenue.