That was like the 1990s Bulgarian version of Robinhood.
— Vlad Tenev, on the family's copper-pot cupboard, to Axios (2023). Yes. The CEO called the cupboard the original Robinhood. Himself.
Before Vlad built Robinhood, his family banked here. A closet in Varna. Copper pots. Zero downtime since the '90s.
He said it himself — receipts pinned below. Now live on Vlad's own chain.
Open Account Inspect the VaultNo KYC. Grandma already knows who you are.
In 1990s Bulgaria, as inflation devoured the family savings, Vlad Tenev's grandfather — a doctor for the Bulgarian navy — did what serious institutions do: he converted salary and pension cheques into hard assets and secured them in a vault.
The hard assets were copper pots, sourced from his contacts at the port. The vault was a closet in Varna — so full that cookware fell out when you opened the door. It never lost a customer, never froze a withdrawal, never went down. The original bank of Robinhood was not a fintech. It was furniture.
Vlad has told the copper-pot story to anyone who will listen. The receipts are pinned below. Click them.
That was like the 1990s Bulgarian version of Robinhood.
— Vlad Tenev, on the family's copper-pot cupboard, to Axios (2023). Yes. The CEO called the cupboard the original Robinhood. Himself.
That was the store of value.
— Vlad, on the closet in his grandfather's Varna apartment — so full of copper cookware it fell out when you opened the door. Cheeky Pint (2025)
Grandpa was a navy doctor. He knew the guys at the port with the copper.
Paraphrased, but true: by 1997 Bulgarian inflation hit roughly 2,000% — among the highest in the world. Pensions went to zero. Savings accounts evaporated. The pots did not.
The lore is real. The bank is a cupboard. We simply filed the paperwork.
Hover over an asset to view its official valuation.
Do not touch anything. Grandma counts them nightly.
Simple enough to explain over soup. Suspicious of anything that isn't.
If it burns — HODL. If it boils over — HODL. If a nice man from the bank calls — hang up, he is jealous of the pots.
Contents of the secret drawer have never been audited. Auditors are afraid.
Your funds will be stored between the emergency saucepan and the stew pot.
They will be safe. They will smell faintly of paprika.
Withdrawals unavailable. See FAQ. See Grandpa.