Robinhood Markets has unveiled a new credit card, targeting its Gold customers in a bid to deepen its roots in the personal finance market and encourage more subscriptions to its premium service.
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Bhatt’s departure marks the end of an era for Robinhood, which he co-founded with Vlad Tenev. Under their leadership, Robinhood pushed the boundaries of traditional finance, challenging established norms and opening the market to a new generation of investors.
Robinhood has launched its cryptocurrency wallet for Android users, following a year after the wallet was made available to iOS users globally.
Shares of Robinhood Markets jumped on Thursday following the company’s announcement of a strong increase in trading volumes for February. The boost is seen as a positive sign for the retail-focused brokerage and indicates an uptick for similar platforms like Coinbase Global.
Robinhood has announced a strategic partnership with Klutch Sport Group, led by LeBron James’ agent, Rich Paul.
In a dramatic day for cryptocurrency markets, Bitcoin’s price spiked to nearly $64,000, causing major disruptions for users of Coinbase and Robinhood.
Shares of Robinhood Markets Inc. surged after the company reported fourth-quarter revenue that exceeded analysts’ estimates and highlighted robust deposit growth.
Self-custodial crypto wallet MetaMask has integrated with Robinhood to allow users to buy cryptocurrencies directly through the popular trading platform’s system. MetaMask’s developer, ConsenSys described this partnership as a major step towards bridging traditional finance with the blockchain-based economy.
No-fee trading app Robinhood has agreed to pay a $7.5 million fine and revamp its operational practices in a settlement with Massachusetts’ securities regulators.
In response to the U.S. Securities and Exchange Commission’s (SEC) landmark decision to approve spot bitcoin ETFs, Robinhood CEO Vlad Tenev said the investment app will start offering these ETFs as soon as possible.
“The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans.”
The trading platform replicates the US day time trading experience: electronic access, dynamic and transparent price discovery (live data), the same regulatory reporting requirements, and the same clearing and settlement process.
Robinhood has observed a 75% MoM rise in cryptocurrency trading volumes in November, marking a reversal from its previous trend. According to an SEC filing on December 4, this boost contrasts with flat trading volumes in equity and options contracts during the same period.
Robinhood, a stock trading app popular with millennials, published its latest operating data release for October 2023, providing insights into user activity and market trends.
As GUGU gears up for its Q4 2023 launch, its innovative approach and focus on user experience and education could redefine retail stock trading in Asia Pacific.
Commission-free brokerage Robinhood Markets plans to expand its operations into the European Union and the United Kingdom, with intentions to launch crypto trading and a brokerage in these regions soon.
Commission-free brokerage Robinhood Markets has expanded the capabilities of its crypto wallet by adding support for Bitcoin (BTC) and Dogecoin (DOGE), extending its reach beyond the Ethereum ecosystem.
“In Q2, we reached a significant milestone by achieving GAAP profitability for the first time as a public company. Guided by our bold product roadmap we’re continuing to innovate for our customers, grow assets, gain market share, and change the industry for the better.”
Zero-fee trading app Robinhood has appointed Jordan Sinclair, a former Freetrade executive, to run its yet-to-be-launched UK business as it prepares to renew its push to win over British investors.