Kohei(@weretuna):tokenized stocks are the future of entertainment finance robinhood and backpack are taking two very different approaches rn robinhood: semi-stock that scales faster it gives you the financial exposure without voting rights so it’s easier to scale without involving the underlying issuer companies backpack: real stock that carries more friction it’s convertible into actual shares with voting rights backpack delivers both price action and real ownership, but may require approval or cooperation from those issuer companies which tokenized stock model will become the default in a few months?

2026.09.12 01:21

tokenized stocks are the future of entertainment finance robinhood and backpack are taking two very different approaches rn robinhood: semi-stock that scales faster it gives you the financial exposure without voting rights so it’s easier to scale without involving the underlying issuer companies backpack: real stock that carries more friction it’s convertible into actual shares with voting rights backpack delivers both price action and real ownership, but may require approval or cooperation from those issuer companies which tokenized stock model will become the default in a few months?