The Meme-ification of Equity with Robert Leshner

Robert Leshner, CEO of Superstate, returns to The Crypto Tape to join Frank Chaparro during the RWA Summit for a look at what has changed in tokenization since his last appearance on the podcast in February.Robert explains why the products gaining traction look retail native and even anti-institutional, why most tokenized stocks are wrappers on brokerage balances several steps removed from the issuer, and why Superstate is focused on the pipes underneath to put the primary security itself onchain. He also makes the case that value will accrue to trading venues rather than token issuers, predicts that three years from now there will be more ways to trade Tesla than at any point in history, and explains why agents or aggregation will have to tame all that choice over the long run.