Ansem sees speculation as one of the most powerful monetization layers for onchain platforms “The trading terminals and like launch pads make so much money because they're able to take such a high fee rate on all this trading volume” “People are willing to speculate on these things they think they can get thousand X plus returns on” “It also aligns with their core ethos as Robinhood, like as a business” His read is that Robinhood can capture more of this activity through its infra without directly picking or promoting what people speculate on. That direction is already visible: Robinhood Chain has expanded into DeFi, while transaction-driven products remain a major revenue engine for the company. Enable the activity, own the rails, capture the flow. w/ @blknoiz06