Opinion: If Robinhood succeeds, it will eliminate 90% of financial intermediaries
10 hours ago
Odaily News Even Herd CEO Sam Jurrens posted on the X platform that if Robinhood's launch of stock tokens is successful, it will actually eliminate 90% of financial intermediaries, especially since Robinhood's proposal to "tokenize everything for free" will accelerate this process. However, Bloomberg Senior ETF Analyst Eric Balchunas questioned Robinhood's propaganda, believing that although Robinhood's stock price has risen 338% in the past 12 months, if investors can already get everything for free through ETFs (investing in large regulated investment tools), there is actually no need to switch to Robinhood (24-hour trading or instant settlement is not an advantage, because 99.9% of investors don't care about these at all).
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2025-07-03 10:13:28
LBank released its second quarter report: the average daily trading volume reached 4.98 billion US dollars, and the market share of Meme and the proportion of 100x coins ranked first among CEX
Odaily News LBank released its second quarter 2025 platform report, and data showed that its average daily trading volume reached US$4.98 billion, a month-on-month increase of 24.5%, setting a record high. The report shows that the platform ranks first in CEX platforms in terms of 100-fold coin ratio, initial asset increase and Meme coin market share with its efficient asset screening and listing mechanism. The report said that LBank launched a total of 329 assets this quarter, of which 29% were initial projects, with an average increase of 912%; 187 Meme assets were launched, accounting for 57%, of which 13% had returns exceeding 10 times, and 1.07% had a 100-fold asset ratio. The platform also launched the "EDGE Zone", focusing on high-quality and high-potential assets, with an average increase of 1564% in the first batch of 13 projects. In addition, LBank launched 7 assets in pre-market trading, with the highest return of 123 times; the Stakestone yield of the Launchpool project was as high as 400%; a total of 35 rounds of airdrops were issued, with a total value of US$6 million. In terms of security, the platform has defended against more than 2,000 potential incidents and prevented losses of more than $250 million. In terms of global layout, LBank has held many brand events in Dubai, Hong Kong and other places, and participated in industry conferences such as Bitcoin2025. The platform has won many industry awards and has been reported by media such as The Wall Street Journal and Forbes, and its brand influence continues to increase.
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LBank released its second quarter report: the average daily trading volume reached 4.98 billion US dollars, and the market share of Meme and the proportion of 100x coins ranked first among CEX