Robinhood has transformed dramatically, growing its market cap from $35B to $85B in just eight months, driven by AI integration and strategic product expansion. AI now contributes to 50% of new code and powers internal tools, improving efficiency across engineering and customer support. Tokenization emerged as a key theme, with Robinhood aiming to democratize access to private company shares and other illiquid assets, though regulatory hurdles remain. The company has also shifted focus toward active traders, a demographic that significantly boosted revenue. Tenev shared insights on future ambitions, including 'capital as a service' and cash delivery services, while acknowledging past struggles with company culture during the pandemic. Looking ahead, Robinhood is positioning itself at the intersection of traditional finance and crypto, with global expansion and continued AI-driven innovation central to its strategy.