ROBINHOOD
Robinhood claims to be a pioneer of commission-free investing that gives you more ways to make your money work harder.
Robinhood to Acquire Bitstamp in $200M Deal to Bolster Global Crypto Presence
Robinhood's acquisition of Bitstamp aims to expand its crypto offerings and global footprint.
Robinhood to Participate at J.P. Morgan Global Technology, Media and Communications Conference 2024
Robinhood Markets, Inc. will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024.
Robinhood Crypto Launches Staking and Localized Apps for European Market
Robinhood Crypto introduces localized apps, staking, and updated Learn & Earn modules for European customers, strengthening its foothold in the region.
Robinhood CEO Vladimir Tenev Criticizes Wells Notice Despite Strong Q1 Earnings
Robinhood CEO Vladimir Tenev expressed disappointment over a recent Wells notice during the company's Q1 earnings call. Despite facing regulatory challenges, Robinhood reported a 224% increase in crypto trading volumes, contributing to nearly 40% of its transaction-based revenue. The firm recorded its second consecutive profitable quarter with a net income of $157 million.
Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access
Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Breaking: Robinhood Buys Back $605.7 Million Stake from Sam Bankman-Fried in U.S. Government Deal
Robinhood Markets has finalized a $605.7 million share repurchase agreement with the US Marshal Service, acquiring 55.3 million shares of Emergent Fidelity Technologies, which has received approval from the U.S. District Court for the Southern District of New York.
eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).
Equities Up, Crypto Down: Robinhood's May 2023 Trading Data and Upcoming Crypto Delisting
Robinhood Markets Inc., the popular trading platform known for democratizing investing, has released its operating data for May 2023, showing an increase in both equity and options trading but a decline in cryptocurrency trading.
Robinhood Receives Investigative Subpoena from SEC Over Crypto Business
Robinhood disclosed in a recent 10-K filing that it received an investigative subpoena from the SEC in December 2022 regarding its supported cryptocurrencies, custody of cryptocurrencies, and platform operations. The subpoena was in response to the bankruptcies of several major cryptocurrency trading venues and lending platforms earlier in the year, including FTX, Three Arrows Capital, Voyager Digital Holdings, and Celsius Network. This follows previous subpoenas from the California Attorney General's Office and scrutiny from the Massachusetts Securities Division. Robinhood's crypto division was also fined $30 million by the New York District of Financial Services in August 2021 for failing to invest the proper resources and attention to develop and maintain a culture of compliance.