币界网报道:[Galaxy Digital: Robinhood's 24/7 tokenization plan threatens NYSE revenue] Galaxy Digital said in a report on Friday that Robinhood's tokenization initiative removes assets from traditional market channels and puts them on the chain, directly challenging the centralized liquidity and activities that large traditional financial (TradFi) exchanges like the New York Stock Exchange (NYSE) rely on. The platform's architecture is similar to Rollup models such as Coinbase's Base, giving Robinhood full control over its sorter and the ability to charge all transaction fees. Galaxy estimates that Base brings Coinbase more than $150,000 in sorter fees per day. By operating Robinhood Chain's sorter and controlling tokenized assets, Robinhood aims to monetize every layer of the transaction stack - from "off-chain transactions to on-chain utilities," the report said.