From 'what' to 'how': Robinhood and Bitstamp say banks are ready to build on-chain
Key takeaways
- Executives argued that tokenized treasuries and 24/7 markets already offer clear advantages over traditional financial systems.
- The executives described a financial industry increasingly embracing blockchain rails, tokenized securities and crypto-native yield products on the “Is the Wall Street Herd STILL Coming?” panel at Consensus Miami 2026.
- Robinhood’s Nicola White said that the conversation with banks has shifted dramatically over the past two years. “We’re not having conversations anymore about what blockchain is,” she said.
Executives argued that tokenized treasuries and 24/7 markets already offer clear advantages over traditional financial systems. Institutional adoption will likely develop along two parallel tracks: regulated U.S. finance and offshore permissionless crypto markets, speakers added. Wall Street’s long-awaited migration into crypto is no longer theoretical, according to executives from Ondo Finance, Robinhood-owned Bitstamp and Babylon Labs. However, institutional adoption remains slower and more fragmented than many in the industry once expected.
The executives described a financial industry increasingly embracing blockchain rails, tokenized securities and crypto-native yield products on the “Is the Wall Street Herd STILL Coming?” panel at Consensus Miami 2026.
“I think it’s very clear that Wall Street is coming to crypto,” said Ondo President Ian De Bode, pointing to recent partnerships with Broadridge and the Depository Trust & Clearing Corporation (DTCC) aimed at tokenizing securities and enabling blockchain-based shareholder voting.