robinhood is watching @TheIndexFi (again)
nejc bizjak (@zjaknb):
> 8 years at bitstamp, the last 4 as head of strategy and business operations
> robinhood acquires bitstamp for $200m
> since march 2026 he serves as director of strategy and operations, crypto at robinhood
one of the people shaping where robinhood takes crypto next. and he just followed index
now the timing
index went quiet on X after october 8. almost a month of nothing. $INDEX holders were getting restless
today they broke the silence:
> distribution system rebuilt
> stock payouts back on a fixed schedule
> fee-bypass pools getting closed off
> blend live as a new revenue source
same moment robinhood's crypto strategy lead shows up in their followers
CT has seen this movie twice already. vlad's follow sent it to ATH. his soft shill sent it there again
now it's back at the lows like none of it happened
nothing changed. robinhood keeps showing up around index and the coincidences stopped looking like coincidences a while ago
the market will remember. it always does
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What we’ve been working on
Since our last update on October 8th, we’ve been focused on improving the infrastructure behind robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870.
Distributions were paused from October 18th to the 29th while the system was rebuilt. Protocol fees continued to accrue throughout that period and were deployed into stocks once the new setup went live.
Since October 29th, three distribution cycles have completed, sending roughly $23,600 in stocks to 4,163 wallets.
The upgraded setup includes:
• Fixed 36-hour cycles for a consistent distribution schedule.
• Former holders made whole, with around $3,680 in banked stocks distributed to 5,366 addresses that had fallen below the 10,000 robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870 threshold.
• Built-in price protection, with stock purchases and ETH → USDG conversions limited to within 1.5% of trusted prices.
The result is a more predictable, secure and scalable distribution system.
Closing the volume gap
A significant portion of robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870 trading volume currently routes through pools that do not use the official fee hook, meaning those trades do not contribute to the 3% fee funding stock distributions.
We have already addressed one side of this issue.
Pools holding robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870 were previously able to appear as holders and receive distributions. Those pools are now excluded, receive $0, and new pools are checked before every cycle.
The remaining fee-bypass issue requires a deeper change and is already in development. We’ll have more to share on the full approach soon.
The objective is simple: robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870 trading activity should contribute to the protocol economics it was designed to support.
Expanding the Index ecosystem
A large part of our recent product work has also gone into Blend.
Blend introduces permissionless onchain Baskets backed by tokenized assets. Each Basket represents defined quantities of its underlying assets in a single share and can be bought, sold, redeemed and integrated into other applications.
For robinhood:0x56910d4409f3a0c78c64dd8d0545ff0705389870, Blend adds another source of protocol activity and revenue, expanding the ways onchain activity can ultimately flow back into stocks.
What comes next
The distribution infrastructure is stronger, the fee-routing issue is being addressed, and Blend is expanding the ways tokenized assets can be used across the Robinhood ecosystem.
Our focus remains the same: build useful infrastructure around onchain stocks and return more of the value generated by that infrastructure back into the Index ecosystem.
Stocks for everyone.
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Under pressure from Israeli prime minister Benjamin Netanyahu, the Trump administration may be within days of launching a nuclear strike on Iran. The target would be Pickax Mountain in central Iran, where Israeli intelligence claims the Iranian government has restarted its nuclear enrichment program. No conventional weapon in the American arsenal can penetrate 300 feet of solid granite to destroy the tunnels where enrichment is supposedly taking place. The only military option is a nuclear strike. Netanyahu has been pushing hard for one. “Bibi calls Trump about it every day,” says an informed observer.
Netanyahu is cornered and desperate. After last week’s election results, he can’t form a government unless Trump intervenes directly in Israeli politics and brokers a deal with other parties that gives Netanyahu 61 seats in the Knesset. Otherwise, he is out as prime minister and on his way to ignominy, investigations and possibly jail. Netanyahu must stay close to Trump. He needs this war.
To that end, he’s applied maximum pressure to his closest allies in the administration, including Secretary of Defense Pete Hegseth and CENTCOM commander Brad Cooper. Both oppose a negotiated settlement to the war they’ve so grievously mismanaged; both are pushing to restart major combat operations. Secretary of State Marco Rubio and CIA director John Ratcliffe are also following Netanyahu’s lead, as are leaders of the Democratic Party. In a recent meeting on the subject, former president Barack Obama said he opposes the current Iran peace deal being drafted in Doha.
The rest of America’s longtime allies in the Middle East are terrified by the prospect of more war. On September 27th, Netanyahu flew secretly to Abu Dhabi to enlist the UAE in his lobbying effort for a final attack on Iran. The Emiratis refused. After eight months of conflict, Gulf economies are teetering. So are global energy and fertilizer markets. They won’t recover soon. Globally, there are a total of about 850 supertankers used to transport oil from producers to the rest of the world. In October alone, 11 of them were badly damaged in Hormuz. At this pace, a global depression is imminent. A nuclear strike would radically accelerate the destruction. Fallout from a ground explosion at Pickax Mountain would contaminate the Persian Gulf, poisoning the water supply for 100 million people.
And those are just some of the immediate consequences for the region. The rest of the world is every bit as exposed. No country other than the United States has ever used a nuclear weapon in war. Some would like to. An American nuclear attack on Iran would set a new precedent. The Russians have already told at least two other governments that an American nuclear strike on Iran would free them to use nuclear weapons against Ukraine. Pakistan and India would be tempted to do the same against each other, as would North Korea against Seoul. After the first nuclear strike, World War Three is inevitable. That war would be short and final.
We’ve been sleepwalking toward this moment for months. Since February, the administration has quietly rewritten America’s nuclear doctrine to make first use of so-called “battlefield nukes” easier and therefore more likely. No one in Washington in either party seems bothered by this. Now we’re on the brink of it.
Close observers say Trump is likely to decide by next weekend whether or not to use nuclear weapons. That would be November 7, six days from now. To his credit, he’s hesitating. At the moment, Trump is listening to his vice president, JD Vance, and to his envoy and friend Steve Witkoff, both of whom argue a deal with Iran can be made.
They’re right, though it won’t be simple. The Iranians are famously frustrating to negotiate with under any circumstances, and elements of that government have become more radical since Ayatollah Ali Khamenei and his family were killed in February. After decades of isolation, even relatively moderate Iranian leaders seem confused by how decisions are made in the West. (There is a widespread belief in Tehran, for example, that the United States government controls Israel.) But overall, people who have spoken to decision-makers in Iran say there is consensus there that more war is bad for everyone and a deal is worth making.
One group that hasn’t been consulted so far is the global population — the hundreds of millions of people who will be killed along with their children if Trump is pushed by Netanyahu into launching a nuclear strike next week. Now would be the time for them to speak up.
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Greetings from an American $index holder. Stop fudding for clicks 🚮
Non upgradeable/legacy tokens can still declare the same venue policy data with canonical pools + preferred/enforced mode off chain inside a Uniswap style token list’s extensions field.
Bad news for $INDEX holders. Payouts can't be fixed
URC-5 is live but INDEX is non-upgradeable
Deployed before the standard so it can't add the interface
From the URC-5 docs:
> Non-upgradeable tokens can't add the interface
> Token list extension can carry the data offchain until next version
Real options:
> Deploy a new token that supports URC-5
> Migrate holders to a new one
Until then holders will miss 95% of the fees and get $4 on average lol
@TheIndexFi, you doing a V2 or sticking with the offchain list?
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User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
RT @binance: Our teams are aware of reports of a potential security issue and are actively investigating. At this stage, we have not confir…
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Robinhood Stock Tokens can now serve as collateral on Morpho: a new use case beyond trading.
Robinhood Chain brings the rails, Morpho brings their credit layer, enabling holders to borrow against their Stock Tokens.
Any eligible wallet can plug in and any app can tap into these markets, unlocking a new building block for open lending and borrowing — and a new way to put Stock Tokens to work onchain.
Robinhood Stock Tokens are live on Morpho
Users can now use Stock Tokens as collateral to borrow stablecoins.
Any app can integrate credit markets for Stock Tokens, with Morpho as the credit network and Robinhood Chain by @RobinhoodCrypto as the tokenization infrastructure.
OMG @osseneth actually came through!!!
I asked for a @cryptopunks and got this crusty sock instead 💀
Its so fuckin crusty it can stand on its own!!
Thank you so much 🧦
I heard through the grape vine that @osseneth is giving away crypto punks so I thought I would put in a formal request to kindly receive a @cryptopunks from the legend 💀
fkedupart.eth
It has been a dream of mine to be part of the punks since i started NFTs 6 years ago…
Will this dream come true? probably not but it’s always worth testing your luck 🍀
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The new Blend is live.
• See how each Basket grows from fees + reinvested dividends
• New activity feeds for buys, sells, fee returns + more, all linked onchain
• See exactly what your shares redeem for right now
• Portfolio now tracks cost basis + P&L
• Creator pages for every Basket builder
• Better discovery, search and side-by-side comparisons
• Charts now show total return, not just price
• Cleaner trade execution with clear price breakdowns
Baskets are now easier to understand, easier to trade, and easier to build around.
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index is printing yet another local bottom, and meanwhile anons on CT claim theyve found the dev:
Richard Reitzfeld, Senior iOS Engineer at Robinhood, may allegedly be behind $INDEX - a german engineer who helped build Robinhood Wallet. his address richiereitz.eth is reportedly linked to funding the $WALLET/$INDEX cluster, and the $INDEX X account is registered in germany
the money trail reportedly runs from 0xf70da97812CB96acDF810712Aa562db8dfA3dbEF to the first wallet that funded $INDEX, and the deployer received funds 18 months ago from an address linked to richiereitz.eth. german origin + robinhood role + project registered in germany - looks suspicious
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make a statement
jack.art/credits/assemble
Almost time for @vvcredits burn to start and for statements to start rolling in…
Who’s ready?
I participated in one credit union that was very important to me by @jackbutcher which was this mona lisa master piece
fked retweeted
statement arrangement goes live at 8pm est (just under 3h from now)
will tweet a link once all is tested and working
thanks all






























