ROBINHOOD
Robinhood claims to be a pioneer of commission-free investing that gives you more ways to make your money work harder.
Robinhood Announces Acquisition of AI-Powered Investment Firm Pluto Capital
Robinhood acquires Pluto Capital, an AI-driven investment research firm, to enhance its services, providing personalized strategies, data analytics, and real-time financial insights.
Robinhood Markets Reports Strong Growth in May 2024 Operating Data
Robinhood Markets sees significant growth in key metrics for May 2024, including customer base, assets, and trading volumes.
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).