ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K
ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped...
Tag : Robinhood
Robinhood Q4 earnings miss as crypto revenues decline
Robinhood dropped in after-hours trading on Tuesday after the trading platform’s latest earnings missed analyst expectations while crypto revenues tanked in the fourth quarter. Robinhood...
Robinhood launches Ethereum layer-2 testnet for tokenized assets
Robinhood has launched a public testnet for Robinhood Chain, its new Ethereum layer‑2 network built using Arbitrum technology that aims to bring tokenized real‑world and...
Robinhood Shares Slide on Q4 Miss Amid Bitcoin, Crypto Weakness
In brief Robinhood disclosed $1.28 billion in fourth-quarter revenue. Revenue from crypto transactions fell sequentially to $221 million. Prediction markets continued to serve as a...
Talos adds $45M to Series B with new backing from Robinhood, Sony
Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion. The extension...
Robinhood CEO Says GameStop Incident Was a Wake-Up Call for Tokenization
In brief Robinhood CEO Vlad Tenev says tokenization could have prevented the 2021 GameStop trading halt, blaming outdated settlement infrastructure. Experts say traditional brokerages handled...
Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays
In brief Robinhood is enabling “Custom Combos” on prediction markets in the U.S. The NFL postseason is one of the biggest moments for gambling each...
Robinhood CEO Says AI Could Spark a ‘Job Singularity’
In brief Robinhood CEO Vlad Tenev said AI is driving a “job singularity,” accelerating the creation of new jobs and industries. In a TED Talk,...
Coinbase & Robinhood Big Announcements! BTC falls then bounces!
Coinbase & Robinhood Big Announcements! BTC falls then bounces! Crypto majors were mixed; btc+0.3% at $87,400; eth -2% at $2,870; bnb -2% at $838, sol...