Ryan

$50 or $60 billion each.

Robinhood has taken the lead in terms of market valuation.

Robinhood is currently at $106 billion to Coinbase's $70 billion.

And each one of them are starting to reposition themselves or position themselves as like a financial super app.

Do you have a take on who gains more of a lead in 2026, Robinhood or Coinbase?

I got access to Robinhood Banking just because I'm just trying, I hate Wells Fargo and they have fantastic UX.

So I got some early access to Robinhood Banking.

And it's not like,

All it is, you put your money in there and you can send your money around.

But the UX of it is so good.

It's so simple.

Like I can log in Face ID into Robinhood.

It looks just as cleanly and polished as the normal Robinhood app.

And there's something about that just like fits with millennials and Gen Z where like this is just what I've always wanted.

I don't have to go to my boomer bank anymore.

I know Robinhood is basically there's white labeling a bank.

There's a bank in the back end.

So

This has nothing to do with any sort of bankless values, but I do appreciate good UX in 2026.

And nothing else comes close in terms of the financing world, like personal finance world as to like the UX of Robinhood.