Have you followed what Robinhood is doing? They were tokenizing private shares of OpenAI and others, way before most private investors would have access to these shares. That allowed Robinhood to also fractionalize them.

https://www.cnbc.com/2025/07/02/openai-robinhood-tokens.html

They also are doing a lot of stuff with prediction markets, which is pretty interesting even if I think the issue there is one of deferring trust to an oracle, but that’s kind of the gambit with most gambles, so it sort of comes with the territory. I think there have been some bad calls by oracles there, and I think there’s a brand risk to Robinhood if RH users identify strongly with the RH brand when placing prediction wagers even when they are outsourced to a third party.

https://www.theblock.co/post/367417/robinhood-launching-spor...

I have been following, Robinhood is really leveraging the technology! There’s some open questions on what the tokenized shares are exactly, like shares of a special purpose vehicle that owns the private shares, or something else

A step in the right direction, more competition needed, liquidity pooling this way will be so good