What if building the next Robinhood is as easy as plugging into an API? Backpack CEO Armani Ferrante says brokerage on crypto rails is sparking a wave of fintech startups and…
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What if building the next Robinhood is as easy as plugging into an API? Backpack CEO Armani Ferrante says brokerage on crypto rails is sparking a wave of fintech startups and bringing retail investor…
What if building the next Robinhood is as easy as plugging into an API? Backpack CEO Armani Ferrante says brokerage on crypto rails is sparking a wave of fintech startups and bringing retail investors back "If you're five guys sitting in a dorm room, how do you actually go build Robinhood? It's obviously really hard. It's not just about writing a program or building a product or having a good idea. You have to go out and build all this brokerage infrastructure, which is going to take years, millions of dollars." "The moment you just make that an API, then you have this explosion of startups that's already starting to happen." "You had the crazy experiments with the memecoins, Pump, FOMO, Axiom, but now you have a bunch of net new experimentation happening on the actual financial management side of things." "It's going to create a boom, and really the return of the retail investor, to be able to actually make intelligent investment decisions as all this stuff comes onto crypto rails."
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