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 ...
Retail investment platform Robinhood has made a significant leap in expanding its cryptocurrency offerings, unveiling several new features at its inaugural HOOD Summit. The platform announced its entry into the crypto derivatives market with the introduction of Bitcoin and Ethereum futures trading. It promises to make it accessible even for ...
Robinhood Crypto has introduced crypto transfers for its European customers. They can now buy, sell, and hold over 35 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDC, according to a recent press release. As part of the launch, Robinhood is offering a 1% deposit match on all crypto deposits for a ...
Retail investing and trading platform Robinhood has announced its financial results for the second quarter of 2024, and cryptocurrency trading played a significant role in the company's impressive performance. Robinhood reported a 40% year-over-year surge in total net revenues, reaching $682 million. Transaction-based revenues led the charge, increasing 69% to ...
