Robinhood Markets, Inc. has finalized its $200 million acquisition of Bitstamp, a Luxembourg-based cryptocurrency exchange, marking a major step in its global expansion strategy. The deal, paid entirely in cash, brings Robinhood over 50 new licences and registrations, along with access to Bitstamp’s strong institutional client base. Bitstamp, founded in ...
American financial services giant Robinhood announced on May 13, 2025, its plan to acquire WonderFi, a prominent Canadian fintech and cryptocurrency platform, for approximately $178.9 million USD (250 million CAD). The deal involves purchasing WonderFi shares at $0.26 USD (0.36 CAD) each, marking Robinhood’s strategic entry into the Canadian crypto ...
Robinhood is laying the groundwork for a major blockchain-powered expansion into Europe, with plans to launch a network that would allow retail investors to trade tokenized U.S. securities, according to sources cited in a recent Bloomberg report. The fintech brokerage is reportedly considering blockchain contenders Arbitrum and the Solana Foundation ...
Robinhood Markets is launching new services, including a cash delivery option and an AI-driven research assistant for traders. The updates, announced on March 27, involve the company's online banking division, Robinhood Banking, which will offer savings accounts to Gold subscribers through Coastal Community Bank. Subscribers will also be able to ...
Robinhood CEO Vladimir Tenev has once again emphasized the transformative potential of tokenization, suggesting that blockchain technology could simplify the process of bringing high-value private companies like OpenAI and SpaceX to public markets. In a recent interview with Bloomberg, Tenev pointed to the rapid creation and trading of cryptocurrencies as ...
Robinhood is preparing to introduce crypto products in Singapore before the end of 2025. Johann Kerbrat, vice president and general manager of Robinhood Crypto, revealed in an interview with Bloomberg that while no exact launch date has been set, the company is working closely with regulators to roll out its ...
Vladimir Tenev, the CEO and co-founder of Robinhood, advocates for the tokenization of real-world assets (RWA) to revolutionize U.S. capital markets and provide retail investors with better access to lucrative opportunities in private companies. In a recent piece, Tenev suggested that tokenizing private stocks could help close the investment gap ...
Robinhood has reached a $45 million settlement with the U.S. SEC due to over 10 violations of securities laws. The settlement affects its broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. On January 13, the SEC released a statement revealing that two entities associated with Robinhood failed to comply ...
Robinhood CEO Vlad Tenev has criticized UK policymakers for what he described as a “backward” approach to crypto trading regulations, especially when contrasted with the permissive stance on regulated gambling. In an interview with The Times, Tenev emphasized the importance of individual autonomy in financial decisions, dismissing concerns about young ...
A consortium of cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has been established to back the latter's newest stablecoin offering, the Global Dollar (USDG). According to a statement released on November 5 by Paxos, the newly established "open network", called "The Global Dollar Network," aims ...
