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🏹 Robinhood Crashes the IPO Party. Figure Buys Into the Flip. Visa Says Not So Fast on Stablecoins.
Published 4 months, 1 week ago
Description
Robinhood just got approved as a full IPO underwriter right as OpenAI files confidentially — and Vlad Tenev says retail is coming for Wall Street's lunch. Figure dropped $717 million to own the fix-and-flip lending stack on blockchain. And Visa's CFO pumped the brakes on stablecoin hype while quietly posting the company's fastest revenue growth since 2022. Three moves, one theme: the old financial infrastructure is getting stress-tested from every direction.