Robinhood Markets Inc (NASDAQ:HOOD) CEO Vlad Tenev said Tuesday he wanted every American to have exposure to the U.S. stock market, as the company expands access to investing through new products and international markets.
Tenev Pushes for Broader Stock Ownership
Tenev, in a post on X, said that only 62% of Americans had exposure to U.S. stocks, adding that he wanted that number to reach 100%.
The Robinhood CEO has increasingly positioned broader retail participation in financial markets as a long-term objective and said that the expanded equity ownership could help more people benefit from economic growth.
Gallup’s latest survey found 58% of Americans owned stocks either directly or through retirement accounts, mutual funds or other investment vehicles in 2026, down from 62% a year earlier.
