Robinhood Chain is a similar but even better setup than Base was last cycle:
- Base had Coinbase. Robinhood Chain has Robinhood, who are already trailblazing more than Base ever did by finally bringing stocks on-chain in a meaningful way. Robinhood have 25m+ customers who already trust them with their money and stocks. Base paved the way, and Robinhood seem to be learning from its shortcomings, showing a real propensity for understanding and supporting the ecosystem.
- Base had multiple billion-dollar runners (BRETT, AERO, VIRTUAL), during a bull run with heavy competition from Solana, which was also in its breakout year. Imagine what Robinhood can produce in the next one, with more builder support and more bravery around the tokenization of RWAs.
- Base had multiple seasons, as new innovations brought new seasons. Robinhood is uniquely positioned to bring the stock market and crypto together: equities trading 24/7, stocks used as collateral, private companies tokenized for the first time, and crypto-native markets built on top of real-world assets. Each of these could be a season of its own, and Robinhood Chain has only seen one in its first months since launch, with Bitcoin still a long way from its all-time high.
Be more bullish.