Robinhood News

Bankrupt crypto exchange FTX has settled emergent technologies over $600 million in Robinhood stock. The motion, filed by FTX CEO John Ray III, says the platform is willing to pay Emergent $14 million to cover its administrative costs. In return,…

Robinhood CEO Vlad Tenev believes crypto can modernize traditional finance by addressing inefficiencies in the traditional financial infrastructure. Crypto can solve legacy inefficiencies in traditional finance by revolutionizing how financial services are offered and delivered, Robinhood chief executive Vlad Tenev…

Robinhood has officially added support for Solana to its Wallet, expanding the platform’s crypto offerings. Johann Kerbrat, the General Manager of Robinhood Crypto, announced this integration, which will enable users to self-custody Solana (SOL) and conduct transactions over the Solana…

Robinhood recorded a profitable second quarter in 2024, with a 40% increase in revenue year-over-year, totaling $682 million, propelled by a renewed interest in crypto trading. The firm’s crypto transaction-based revenues hit $81 million, accounting for a 161% hike compared…

A U.S. federal judge has ordered Robinhood Financial LLC to pay $9 million in a lawsuit over its referral program. The case involved a broker’s “refer-a-friend” promotion that allowed unwanted text messages to be sent in Washington. The total payment…

Robinhood is reportedly considering offering cryptocurrency futures in the U.S. and Europe, but no official launch date has been announced yet. Bloomberg News reported on Tuesday that Robinhood is considering offering cryptocurrency futures in the U.S. and Europe in the…

The acquisition will enhance Robinhood’s retail investment offerings, including crypto, through AI-driven analytics and democratized financial access. Robinhood announced its acquisition of Pluto Capital, an artificial intelligence research platform. The company aims to provide users with more tailored investment strategies…

Robinhood, a popular retail trading platform, has made a deal to acquire Bitstamp, a crypto exchange based in the U.K. Trading platform Robinhood announced Thursday that it has agreed to acquire crypto exchange Bitstamp. This move aims to expand Robinhood’s…

Top cryptocurrencies demonstrated a robust recovery last week. The global market cap surged by 7% to reach $2.41 trillion. Here are our picks for the top cryptocurrencies to watch this week.

SOL, the native token of Solana, surged 13% in 24 hours following Robinhood Crypto’s announcement of a new staking product in Europe and marginfi’s introduction of Solana’s first Liquidity Layer. At the time of writing, SOL is valued at $162.36, with a…

Digital asset trading platform Robinhood unveiled Solana-based services in Europe after delisting SOL in the U.S. due to regulatory concerns. 

The Digital Chamber, a digital asset sector trade association, has slammed the SEC for issuing a Wells notice to Robinhood Crypto. On May 6, the group issued a statement in which it expressed “profound disappointment and concern” about the latest notice. The…

Robinhood Markets Inc. has received a Wells notice from the U.S. SEC, warning of a possible enforcement action over its crypto operations.

Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply. Public fintech broker Robinhood turned out to be the owner of the third largest single Bitcoin wallet, holding over…

The price of dog-themed meme coin Dogecoin (DOGE) shot up 10.1% to go above the $0.20 mark.

With Bitcoin’s upcoming halving in April 2024, financial firms like Robinhood and Revolut are preparing for potential market shifts. Bitcoin (BTC) recently hit a new all-time high of $73,750 on Mar. 14. Amid this, companies such as Robinhood and Revolut…